Footnotes: H&R Block’s New Biz; PwC Likes Its Bad Clients; SEC Teed Off | 08.18.14

H&R Block launches small business accounting services [Kansas City Business Journal] McDonnell defense emphasizes his openness to accountant Former Virginia Gov. Bob McDonnell's lawyers called their...
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This NYT Op-Ed About Millennials is Bad and You Should Feel Bad

How old are we -- the oldest, saltiest, most bitter of the Millennials -- going to be when older, saltier, more bitter Boomers finally stop writing articles like this about us? I mean, guys, we're pushing...
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TIL: Ancient Greeks Used Slaves as Auditors So They Could Be Beaten When They Screwed Up

I've had Jacob Soll's book The Reckoning: Financial Accountability and the Rise and Fall of Nations sitting in my bag forever, always intending to go up on the rooftop deck on a nice summer day with a...
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Deloitte Summer Interns Challenge Rival Firms to Step Up and Get Drenched in Ice Water

Surely you've seen the ice bucket challenge, perhaps you've even participated yourself. In case you don't know, basically you get a bucket of ice water dumped on you, nominate two friends to do the same,...
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This Year’s AICPA Accounting Competition Will Double as CGMA Advertising

If you're into cut throat competition among the country's best and brightest accounting students, you already know what's up with the AICPA Accounting Competition. We write about it every year unless something...
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EY Compensation Discussions Redux

With one firm's CEO announcing his retirement and another firm taking it on the chin from Ben Lawsky, you'd think most people would be satisfied with the topics of discussion on a Monday morning. Nope! Please...
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Accounting News Roundup: New York Nails PwC with $25M Fine, 2-Year Ban; Blamess Auditors; Insecure Company Issues Press Release | 08.18.14

Bank Overseer PwC Faces Penalty and Sidelining of Regulatory Consulting Unit [DealBook]Ben Lawsky lays into PwC for whitewashing a report that outlined illegal wire transfers to Iran and other sanctioned...
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ERP Life Cycle

Enterprise Resource Planning solutions have life cycles, just as plants and humans have.  They differ in many ways and also have many similarities.Sunflower plants follow the pattern of:Existing mature...
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A Small Business Guide To Navigating The Complexities of Credit Card Processing Companies

If you have an established business with a high volume of sales and a good credit rating, you can usually negotiate a lower service fee. Most credit card processing companies set rates according to tiers,...
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Footnotes: Joe Echevarria Retiring; The Too Smart Staff Person; Email Is the Best | 08.15.14

Deloitte CEO Joe Echevarria to Retire to Pursue Life in Public Service Mr. Echevarria has been at Deloitte for 34 years and has served as CEO since 2011. In a statement issued by the firm, he said he...
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