Footnotes: KPMG Wins Some Audits; Debating Tax Reform’s Chances; The Second Head Rolls (Sorta) | 05.16.13
KPMG Tops Q1 SEC Audit Wins [AT]
Is Tax Reform Doomed? A Debate. [Bloomberg]
Get IRS Out of the Business of Regulating Political Speech [TaxVox]
Apple target of Senate hearing on offshore taxes [Politico]
Second...
IRS Scandal Now Encroaching on What Some Employees Hold Most Dear
Last Friday the head of the Tax-Exempt Organization Division of the IRS admitted that some employees had targeted conservative groups. Since then, a lot of things have happened including one resignation,...
The Accountant’s Definitive Guide to Building a Successful Résumé
With recruiting season in full swing, it’s time to dust off your résumé and revamp it. If you are a staff member, chances are your résumé still lists you as being in college. That needs to change.
Everything...
Companies Wanting More Liabilities on Their Balance Sheets Will Love the New Lease Accounting Proposal
What's that you say, Hans? No one wants more liabilities on their balance sheet?
"Obviously, this standard is not a very popular one," IASB chief Hans Hoogervorst said in a conference call. "Generally,...
Survey: Working Moms in Accounting Firms Could Have It Much Worse
Our friends at Vault are still cranking out surveys and last week they debuted a new one that focused on working parents. Now, I don't have kids so I suppose that disqualifies me from commenting on juggling...
Accounting News Roundup: The New Lease Accounting Exposure Draft Is Here; PCAOB Deal with China?; This Accountant Love KFC More Than You | 05.16.13
IASB and FASB Propose Changes to Lease Accounting [FASB, ED]The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) today published for public comment a...
Acting IRS Commissioner Is Gonna Take Off Now
Steven Miller figured it was time:
May 15, 2013
The internal message to IRS Employees from Acting IRS Commissioner Steven T. Miller
Dear Colleagues,
It is with regret that I will be departing from...
Footnotes: Camp Has More Questions; PCAOB Scholarship Falls in Student’s Lap; Amazon’s UK Taxes | 05.15.13
Camp: IG report raises as many questions as it answers [The Hill]
Sarbanes-Oxley Compliance Costs on the Rise [AT]
This student at the University of Minnesota Duluth got a $10,000 scholarship from the...
The Essentials of Finance – Free Kit
The Essentials of Finance, brings together the latest in information, coverage of important developments, and expert commentary to help with your Finance related decisions.The following kit contents will...
You Know the Convergence of Loan Loss Accounting Is in Sorry Shape When Banks Are a Voice of Reason
Right now, the FASB and IASB are nowhere near agreeing on how loan loss accounting should be done and fifteen (!!!) banks including Bank of America, JPMorgan, Citigroup, Morgan Stanley, and Wells Fargo...
