Footnotes: Drop It Like It’s European; Your Next Exciting Career; Merger Mania | 09.24.14

Euro Drops to 14-Month Low Amid Stimulus Speculation [Bloomberg] Maryland accounting firm to merge with CohnReznick Who could it be? Someone you've never heard of, probs [The Baltimore Sun] Imagine if...
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PwC Presents: A Day in the Life of a PwC Audit

Well, this video has one thing going for it, in that it isn't nearly as awkward as Deloitte's cringeworthy Homo Deloittus. Note we said "nearly." The soft voices remind me of the soon-to-be-abandoned...
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U.S. Attorneys are DTF Jersey Shore’s The Situation for Tax Evasion

Television personality Michael “The Situation” Sorrentino and his brother Marc Sorrentino are expected to appear in federal court this afternoon to face an indictment alleging they did not properly...
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Mark Weinberger Is Still Obsessed With His Speech No One Remembered

When you die, no one is going to come to your funeral and declare "wow, that guy could tie out like no one's business!" But your kids will certainly remember whether or not you showed up to 12 of their...
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You Can Become a CGMA By Doing Nothing Or You Can Study for the CGMA Exam Instead

For those of you who enjoy taking the difficult road, instead of becoming a CGMA simply by cutting a check, you can start preparing for the CGMA exam. Imagine how much more accomplished you will feel knowing...
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Accounting News Roundup: Deloitte’s Record Revenue; FRC to Probe Tesco’s Probe; Business Onesies | 09.24.14

Deloitte Posts Record Annual Revenue [WSJ]$34.2 billion. Consulting grew 10% globally. In the U.S., consulting grew 11.3% while audit and enterprise risk services grew 2.7%. Wall St. Bankrolls Ex-Executive...
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Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports

Ittelson empowers non-financial managers by clearly and simply demonstrating how the balance sheet, income statement and cash flow statement work together to offer a "snapshot" of any company's...
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Footnotes: Lehman’s Legacy; Have You Bullied a Partner Today?; The NFL Is Fine | 09.23.14

SEC Charges Barclays Capital with Systemic Compliance Failures After Acquiring Lehman’s Advisory Business [SEC] Same thing happens to me for "toolbag" [Twitter] Made the mistake of searching my inbox...
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EY Celebrates Its Second Year as the Most Attractive Professional Services Employer

Did someone say attractive? No, I don't mean attractive young men in various states of undress, I mean attractive, as in if you have to work in professional services, I guess working for EY will do. So...
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KPMG Offering Expanded Audit Reports Because Regular Audit Reports are Useless

As part of its campaign to restore trust in audit in the wake of the financial crisis, the firm experimented with increasing the amount of useful information provided in the new long-form audit report,...
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