PwC Concludes Female Millennials Are Great For Vague, Pointless Research

Another day, another study, and this time it's yet again one of accounting firms' favorite target: the misunderstood Millennial. And female ones at that, oh boy! I bet this research is going to be compelling...
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The Continued Failure of Risk Management Practices

Risk management is not about avoiding failure — it is about achieving success.The ERM Initiative at North Carolina State University, led by Mark Beasley, has published its sixth report on the...
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Accounting News Roundup: Global Audit Problems; Ignoring the Golden Rule at Work; Unfair Tax Code Is YOUR Fault | 03.04.15

Almost Half of Global Audits Have Problems [CFOJ]The International Forum of Independent Audit Regulators reviewed 950 audits from 29 countries. PwC retains FTSE 100 audit lead as KPMG climbs 250 rankings...
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This T-Shirt Sums Up Busy Season

From our pals at the Maryland Association of CPAs: I suggested on Facebook that this could be your new favorite Saturday t-shirt but some of you are probably ready to order 30 of these and wear one every...
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Life at Deloitte Involves Avoiding Hangryness

I don't know about you all, but it's nothing short of a miracle if I eat lunch between 12 pm and 1 pm. What's worse is that once 1 pm comes and goes, time accelerates to ludicrous speed and all of a sudden...
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#BusySeasonProblems: Bad Dreams, Late Night Housekeeping, More Bad Dreams

Did you know there were 5 Tuesdays this month? Maybe I shouldn't mention that? Yeah, I won't mention that again. You know it's busy season when you consider leaving your house at 6:20 to be leaving late...
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Accounting News Roundup: British American Tobacco Stubs Out PwC; Genworth’s Material Weakness; Unreported Fraud | 03.03.15

BAT sues PwC over historic pollution liabilities in the US [FT]British American Tobacco let PwC go as its auditor due to its ongoing dispute with Windward Prospects, another PwC audit client. BAT's continued...
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Starting a CPA Pot Practice Is Your Next Opportunity

Last month we discussed timing as it relates to starting an accounting practice. And while the timing is important, arguably, the most important decision you will make with regards to starting an accounting...
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American Realty Capital: Nothing to See Here Except Some Weak Internal Controls

American Realty Capital Properites reported the results of its internal investigation into accounting irregularities and SURPRISE, it's just some weak controls.  Interim ARCP CEO William Stanley is quoted,...
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Here Are Some Coded Phrases You Will Hear During Busy Season

It’s busy season and most accountants are feeling the physical and emotional pain of long hours. While cryptic underhanded messages are the last thing you need, there’s no stopping anyone from sending...
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