#TBT: This Is What an Auditor’s Laptop Bag Looked Like Back in the Day

Says EY on Pinterest: "The ordering box that accountants would use to carry around documents. It contained the official firm stamp that auditors must use to stamp all documents to indicate that the firm...
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Accounting News Roundup: Things at Tesco Manage to Get Worse; More Firms Starting Family Offices; KPMG Strategy | 10.23.14

Tesco scraps profit outlook as accounting black hole deepens [Reuters]Well, this is unexpected: "Tesco reported a bigger than expected hole in its finances on Thursday after finding accounting mistakes...
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Footnotes: McGladrey Classic More Classic Than Ever; Your Future; Stupid Emails are the Problem | 10.22.14

Divided U.S. SEC adopts mortgage rule, decries lax lending U.S. securities regulators adopted a rule on Wednesday designed to avert another financial crisis, but two officials dissented, saying it did...
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White Guy Proudly Accepts Diversity Award for His Big 4 Firm

Last night, DiversityInc handed out awards to seven U.S. companies "that showcase best practices for workplace diversity" in New York City. Predictably, EY sent their white Americas Managing Partner Steve...
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Treasury Department Tells House Committee to Bug Off Until After Election Day

Today, Ways and Means Committee Chairman Dave Camp (R-MI) wrote to Department of Treasury Secretary Jack Lew regarding the Administration’s refusal to produce a key witness for interview prior to the...
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Let’s End the Big 4 or Bust Myth Once and For All

It’s recruiting season on campuses all across America; that special time of year when accounting students get a taste of what it’s like to be a five-star middle linebacker -- minus the “hostesses,”...
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Accounting News Roundup: The Family Office; KPMG Gets Bigger; No Banker Party | 10.22.14

Why More Accounting Firms Are Creating Family Offices [Forbes]In case you really wanted to know. GOP: Majority would ‘get to truth’ on IRS [The Hill]Republicans vow to put the clamps on the IRS if...
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Footnotes: Tax Season Will be Complicated; Look Up; PwC Promotions | 10.21.14

Koskinen Warns Filing Season Could Be Most Complicated Yet [Tax Analysts] Taxpayer Barred From Communicating With CPA Still Hit With Late File Penalty Definitely an interesting read [Forbes] Why don't...
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Grant Thornton Warns Alumni the Sky is Falling

We wish we could tell you why Grant Thornton sent out this email to their alumni list today, unfortunately we don't have any clue. Not even crazy speculation barely rooted in reality. Even our tipster,...
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Your “Consider the Environment” Email Signature is Actually Inconsiderate to the Environment

We've all seen them, the stupid "please consider the environment" notices at the bottom of emails clearly written for the 5 people left on earth who actually print emails with some regularity. Well today...
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