Man Who Lived Out Fantasy of Screwing Over a Major Airline Sentenced to Six Years in Prison

Paul Anderson, a former Delta Airlines employee, defrauded Northwest and Delta Airlines out of $36 million. In a just world, we would proclaim him a hero who sees the injustice of horrendous business practices...
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Busy Season Zen: Classical Car Crushing

A couple of years ago, Car and Driver ran a 5-episode series on its YouTube channel called The Destruction Hour. As you might expect, it's just 60 minutes of cars being crushed at a junkyard. They do manage...
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Hertz Can’t Promise That Its Accounting Troubles Won’t Get Worse

Hertz, a car-rental company once endorsed by O.J. Simpson, disclosed that its shoddy accounting have cost the company $180 million so far. The company is restating its financials for 2011-2013 but "stressed...
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Accounting News Roundup: Working Late; Paying For the CPA Exam; This Means War | 02.25.15

IRS won't collect on bad returns from Obamacare glitch [Politico Pro]The 50,000 taxpayers who filed returns based on inaccurate subsidy data they got from the government will not need to file amended returns...
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#BusySeasonProblems: Lack of Exercise, Funny Looks and Nodding Off to Jay-Z

Let's wrap up Tuesday by checking in on the plight of accountants across the Twitterverse: I need exercise so bad #BusySeasonProblems — Mary McDyer (@m_mcdyer) February 19, 2015 When you have @S_C_ blaring...
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Janet Yellen: Auditing the Fed Is NBD

FYI, Rand. Sen. Sherrod Brown just asked Ms. Yellen about the “Audit the Fed” proposal. Close Fed watchers have heard most of this before, but here’s Ms. Yellen’s response:    ”The Federal...
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Accountants vs. Lawyers: A Pointless Debate

A lawyer and an accountant walk into a bar. Everyone else in the bar doesn’t care. Our friends over at Above the Law published a debate between an ex-lawyer and ex-accountant over which profession...
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Deloitte US Will Definitely Not Practice Law, You Guys

Soon-to-be official Deloitte U.S. CEO Cathy Engelbert is sure making the rounds on the interview circuit these days. This is a good thing, as it allows everyone to get to know her before she begins her...
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Accounting News Roundup: Next Deloitte CEO Still Taking Questions; Conflicts at the SEC; Lawyers vs. Accountants | 02.24.15

Deloitte CEO Cathy Engelbert, On The Business Of Professional Services [Forbes]Chatty Cathy continues making the rounds. She got the "where do you see yourself (and the firm) in 5 years?" question. "We...
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The PwC Partner Who (Sorta) Looks Like Matt Damon and Other Public Accounting Doppelgangers

If you watched the Oscars last night, you probably saw the awkward exchange between host Neil Patrick Harris and PwC's Brian Cullinan. According to the Daily Mail (I know, I know): After the gongs had...
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