Accounting News Roundup: Agree to Disagree on Inversion Legislation; Accidents Happen in Life at Deloitte; Americans Suck at Math | 07.24.14

Obama Administration Presses for Retroactive Legislation on Tax Inversions [DealBook]Everyone in Congress agrees that they can't agree on tax reform so a quick fix on inversions is necessary. Unfortunately,...
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Accounting News Roundup: Gwen Jorgensen Doing Okay in Her Post-EY Career; 2nd Circuit Rules for KPMG in Overtime Suit; Big 4 Partner Pay in the UK | 07.23.14

Changing Old Antitrust Thinking for a New Gilded Age [DealBook]Banking, cable television, tobacco, are finally starting to fit in with the accounting profession: "These companies are not monopolies in...
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Accounting News Roundup: Hedge Funds’ Tax Strategy; Corporate Boards’ Failure to Communicate; Lerner Emails Back From the Dead? | 07.22.14

Senate Inquiry Faults Hedge Funds’ Tax Strategy [DealBook]Oh, sure, now they're picking on hedge funds! "Between 1998 and 2013, more than a dozen hedge funds conducted hundreds of billions of dollars...
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Free CPE: High Impact Excel: Basics Edition

Event Date: July 31, 2014, 2 pm ET   In this session Excel expert David Ringstrom helps beginners get up to speed in Microsoft Excel. However, even experienced Excel users will learn some new tricks,...
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Accounting News Roundup: Subprime Autos; PwC’s Plans for Africa; It’s Obvious That You Don’t Care About Your Job | 07.21.14

In a Subprime Bubble for Used Cars, Borrowers Pay Sky-High Rates [DealBook]This should all sound familiar: " Mr. Durham is one of millions of Americans with shoddy credit who are easily obtaining auto...
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Crony Links: Maintain Your CPA; Making Time for a Start-up Firm; Career Plans Are Worthless

Thank God it's link day.  Open Items Continue to Maintain CPA License? AccountingWEB Hiring Forecast Has Good News for Accountants AWEB Forums Qualities of a Great Accountant The Queen's AccountingWEB Freeing...
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Accounting News Roundup: AbbVie and Shire Make a Deal; EY Still Dealing with Madoff Fall Out; Stand Up to a Jerk Store Boss | 07.18.14

AbbVie to Buy Shire for $54 Billion [WSJ]Let's make a tax deal: "U.S. drug maker AbbVie Inc.  said Friday it reached a deal to buy Shire PLC for about $54 billion, one of the largest deals to date where...
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Accounting News Roundup: The Case Against the Corporate Income Tax; Deloitte Loves Nevada; CEOs and Colorful Language | 07.17.14

We Don't Need a Corporate Income Tax [Bloomberg View]Megan McArdle has a plan: "[T]here is no such thing as a fair, simple corporate tax code that can’t be gamed. And the harder we try to squeeze them...
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Accounting News Roundup: Lew Wants Inversion Party Stopped; FDIC Claims Against PwC Over Colonial Bank; Unplugging on Vacation | 07.16.14

U.S. Seeks Legislation to Curb Offshore Tax Deals [Bloomberg]Treasury Secretary Jacob Lew would like Congress to get on this, chop chop: "The Obama administration called for immediate congressional action...
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Accounting News Roundup: Busy Inversion Day; EY: Serious About Independence Since 2012; NASCAR Tracks Just Want Tax Breaks Like Everybody Else | 07.15.14

U.S. Drug Firms Seek Inversion Deals to Evade Taxes [DealBook]And that was just Monday! "On Monday alone, two multibillion-dollar health care inversions appeared to be sealed. With a fifth offer worth...
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