Cunningham & LaCroix on How to Save Accounting Firms

Accounting firms may face catastrophic liability if they certify the returns give unqualified audit opinions before another Enron-style collapse ... bonds because they: (a) could add resources to meet claims that threaten to destroy audit firms ... . And yet we don't have many big accounting firms left, and perhaps we would prefer not to lose [more...]

Date: 2007-09-14 05:08:16
Blog: Conglomerate Blog: Busi...

Blog posts (209) | Videos (53)
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"Google’s 20% Time at Accounting Firms?"

By Neil McIntyre: It’s well known that Google encourages their employees to spend roughly equal to one day per week pursuing personal projects, ... : Gmail, Google Suggest, Google News, AdSense and Orkut. What would happen if an accounting firm ... % Time at Accounting Firms? Source: Neil McIntyre, 6 October 2007. © 2006–2007 Neil McIntyre. [more...]

Date: 2007-10-08 14:10:50
Blog: Accountants Round Up...

Roch. accounting firm + Edina firm

Here's some from a piece I'll have in Thursday's newspaper: A Rochester accounting firm – Smith, ... . Smithschaferlogo On Aug. 1., Smith, Schafer & Associates added the certified public accounting firm of Graves, McKenna, Lundeen & Almquist. That adds up to an office of 14 accountants in Edina. “ [more...]

Date: 2007-08-29 21:16:16
Blog: Kiger's notebook...

Accounting firm seeks closure of court proceedings in Miami

www.theledger.com, “Accounting firm BDO Seidman asked a judge Tuesday to seal records and close court proceedings in its dispute with a Portuguese bank over the firm’s inability to uncover fraud at a financial services company.” link: Accounting firm seeks closure of court proceedings in Miami [more...]

Date: 2007-08-15 06:00:32
Blog: Flying Hamster ...

Accounting Firm Uses SVS to Minimize IT Expense

Accounting Firm Uses SVS to Minimize IT Expense Filed under: Software Virtualization Solution Automation, Conflict Management Submitted by Juicemaster on Fri, 2007-10-05 13:12. Hudson & Company is a Calgary-based accounting firm with many of the same technology issues the rest of us face [more...]

Date: 2007-10-05 19:12:37
Blog: Application Virtualizat...

What are the Costs of the Patent System?

Link post | 12:25 AM | Comments (8) | contact Stephan Kinsella | other posts September 26, 2007 Sarbanes-Oxley: Costs, Costs, ... have complained that SOX: 1) has enabled public accounting firms to produce a lower level of service at far ... are simply fed up with being held hostage by the accounting profession and the big accounting firms [more...]

Date: 2007-09-27 06:25:14
Blog: Mises Economics Blog: A...

Going Public on AIM

Going Public on AIM When going public on AIM there are various advisors that you need to retain to help with the process ... the placing agreement. Reporting Accountants The Company’s accountants (or a firm of chartered accountants nominated by them) will undertake thefinancial due diligence, and will assist [more...]

Date: 2007-08-13 18:22:21
Blog: Asset Manager...

America has done its job

America has done its job Time: 07/17 at 08:44:58 Posted by: Mark Gisleson The Bush DOJ keeps fucking up. A federal judge dismissed charges yesterday against 13 former employees of the accounting firm ... , the Supreme Court overturned the conviction of the accounting firm Arthur Andersen, a death kn [more...]

Date: 2007-07-17 13:44:58
Blog: Norwegianity...

Rudy! And "The Queen Of Mean"

Another notable from the ‘80s bit the dust today, and that would be hotel magnate Leona Helmsley ... s trial in which she was convicted of tax fraud. Now I realize we’re talking about the NRO here ... accounting firm, Eisner & Lubin. The accountant most familiar with the Helmsley account testified [more...]

Date: 2007-08-20 18:55:41
Blog: The Liberal Doomsayer...

If This Is Incompetence, It Must Be DOJ

The Department of Justice has turned into an oxymoron under the reign of the morons at the executive branch of our government ... of the accounting firm KPMG illustrates what has gone wrong with the government’s pursuit of corporate cases ... the Arthur Andersen accounting firm, which collapsed after Enron-related charges were lodged against [more...]

Date: 2007-07-24 15:52:33
Blog: Corrente | Boldly shril...

The waiting room and Best of Web…

We take a break from our usual trawl through the filings in anticipation of the SEC’s “major announcement” about XBRL (there’s a video link here). Though the press conference, which promised “CEOs, and other representatives of SEC filers, accounting firms, technology firms and investors” was supposed to start at 10 [more...]

Date: 2007-09-25 14:31:27
Blog: footnoted.org ...

The waiting room and Best of Web…

We take a break from our usual trawl through the filings in anticipation of the SEC’s “major announcement” about XBRL (there’s a video link here). Though the press conference, which promised “CEOs, and other representatives of SEC filers, accounting firms, technology firms and investors” was supposed to start at 10 [more...]

Date: 2007-09-25 14:31:27
Blog: footnoted.org ...

AIA Accountant of The Year

Dear friends, Following on from my earlier note, about being nominated for "Accountant of The Year" ... An award designed to recognise organisations' accountancy stars. Firms, businesses and institutes ... accountants whether in business, practice or public services. Nominees must have demonstrated sound [more...]

Date: 2007-09-23 10:57:59
Blog: Nanny Knows Best...

Business Optimism over SEC 'Reforms' - That is, to Dismantle Securities Regulations!

Washington lawyer Peggy Blake, who recently joined Winston & Strawn as a corporate partner, reports her foreign financial services clients are " ... governing corporations, their executives, securities firms, accounting firms and others. U.S. securities ... that they have protection to deter fraud and other unfair practices. Blake was an [more...]

Date: 2007-08-06 00:02:42
Blog: Stock Broker Fraud Blog...

The CPE/CLE of the Century (and the one your partners probably don’t want you to attend)

The Future is Already Here...It's Just Unequally Distributed For a profession to be truly innovative, it must not only do new things, ... of the Future—one law firm and one accounting firm. Brendon Harrex, 33 year-old founder ... , from the horses’ mouths, what the future of the accounting and legal professions looks like. If you're [more...]

Date: 2007-08-30 13:26:18
Blog: VeraSage...

USNA

USNA Posted by ducati998 under Uncategorized No Comments Yesterday this statement appeared in the blogosphere; Quick Alert: ... PM So, if an Auditing firm, in this case Grant Thornton LLC, resigns an account citing “illegal business practices” and a new Auditing firm takes the account “PriceWaterhouseCoopers”, does [more...]

Date: 2007-09-06 17:55:01
Blog: Shenandoah Capital...

Great Moments in Accounting

accounting Jed Horowitz explains how an accounting rule helped Wall Steet earnings reports shine a little brighter this week: ... of their creditworthiness into a little gold. Thanks to a relatively new accounting rule, firms like Morgan ... known as Financial Accounting Statement No. 159, that same logic applies to a company’s own debt [more...]

Date: 2007-09-21 08:16:00
Blog: MarketBeat Blog - WSJ.c...

Can Third Parties Be Held Liable for Securities Fraud? Gearing Up for Stoneridge

The National Law Journal recently published Securities Case Has Law Firms on Edge, ... implications for law firms, investment banks, consultants, and accounting firms participating ... communications with issuers are rarely made public, showing such reliance will often be difficult [more...]

Date: 2007-09-25 16:59:40
Blog: The Harvard Law School ...

Silence is golden -- so why do firms disclose?

Firms can avoid damage from accounting restatements simply by disclosing the restatement less prominently, according to a study by Swanson, Tse & Maynalda, Stealth Disclosure of Accounting Irregularities: Is Silence Golden? Here's the abstract: Managers are allowed considerable discretion over how they announce an accounting restatement [more...]

Date: 2007-09-08 12:11:10
Blog: Ideoblog...

Romney to the Rescue

Mitt Romney's Got the Right Stuff for 2008 By Ronald Kessler Mitt Romney was faced with a crisis in July 1996 ... . The company's accounting firm, PricewaterhouseCoopers, and its law firm, put up posters on street ... . The 14-year-old daughter of Robert Gay, a partner in Romney's new venture capital firm, Bain [more...]

Date: 2007-09-27 23:30:11
Blog: Heavy-Handed Politics...

“You Be The VC” aims to turn start-up dreams to reality

youbethevc.jpg The investment firm Bang Ventures has issued an open call to people with great tech business ideas to get a chance to win their own ... such as Deloitte & Touche, one of the big four accounting firms, Vator.tv and Foley & Lardner, a prestigious law firm, who will narrow the field of online applicants. The top 20 finalists will film a [more...]

Date: 2007-09-25 13:36:38
Blog: 901am...

"State of the Paperless CPA Firm"

By AccountingWEB: “Paperless” has been the term used by many practitioners to describe the transition of today’s CPA firms to more streamlined ... in 2007, the Association for Accounting Administration (CPAAdmin.org) surveyed 221 firms with an average size of 67 ... of the survey in regards to today CPA firm digital best practices. Read complete article [more...]

Date: 2007-04-27 14:09:59
Blog: Accountants Round Up...

Accounting firm seeks closure of court proceedings in Miami

MIAMI (AP) — A judge refused Tuesday to seal transcripts and close court proceedings related to accounting firm BDO Seidman's finances in its dispute with a Portuguese bank over the firm's inability to uncover fraud at a financial services company. [more...]

Date: 2007-08-14 23:37:07
Blog: Daily Report...

Retirement Funds Vanish as Bankruptcies Hit Tax-Deferred Scheme

By Erik Larson Sept. 11 (Bloomberg) ... for which Deloitte & Touche LLP has data, the accounting firm said. $150 Billion Yearly ... , emptying bank accounts of more than $250 million. No criminal charges have been filed. Investors [more...]

Date: 2007-09-11 15:32:46
Blog: CRIMES AND CORRUPTION O...

Increasing the Velocity of Strategy

A few weeks back I had a fascinating discussion with an officer in the US Marine Corps about the current doctrines of military ... %. Conversely, this latter figure for accounting firms in the survey was 80%! Surely accounting [more...]

Date: 2007-09-13 02:06:50
Blog: Adventure of Strategy...

PricewaterhouseCoopers apparently desperate for clients

How desperate is an auditing firm for clients when it proudly takes on a client like Usana Health Sciences??? SALT LAKE CITY–(BUSINESS WIRE) ... PricewaterhouseCoopers LLP (PwC) as the Company’s new independent registered public accounting firm. “We are pleased to engage PwC, a global leader in the accounting profession, as our independent [more...]

Date: 2007-09-05 13:55:09
Blog: Sequence Inc. FRAUDfil...

Lies, Turning points, failure & motivation

I would say it takes a certain kind of person to become self employed, ... for exams while working for a local accounts firm preparing and auditing accounts. Not much job [more...]

Date: 2007-08-08 09:19:34
Blog: Self Made Minds ...

Accounting and Auditing Career Education and Advancement

Job description Accountants and auditors ensure that firms are run efficiently by providing them with valuable financial information and accurate ... and expenses. Accountants are increasingly becoming an important part of successful business teams ... communication skills are becoming increasingly important for both professions as they often interact [more...]

Date: 2007-08-17 11:20:20
Blog: CollegeRecruiter.com In...

Two quick ways of tapping your guanxi for RMB10,000!

It has been brought to our attention that the Public Security Bureau has offered a whopping RMB10, ... for one of the big international accounting firms in China, plus preferably several years experience for a company ... in Chinese accounting and taxation law (CPA title preferred), and needs to be fluent in English [more...]

Date: 2007-06-26 05:40:10
Blog: Shanghaiist...

D&Q hires Salomon as controller

D&Q hires Salomon as controller 09/20/07 11:16 AM D&Q sends out a personnel related press release and is thoughtful enough to include a Julie ... at the chartered accounting firm Rabinovitch Luciano in Montreal. At D+Q, Salomon will direct all financial reporting and accounting operations. “As D+Q has grown from a comic book company to a book [more...]

Date: 2007-09-20 15:15:18
Blog: THE BEAT ...

SUFLC Update

My thoughts upon waking up this morning: "Gee, I wonder how the Stupendously Ultimate First Line Challenge is going, let me open up..... Holy Spicoli! ... in the comments section. Some have already expressed concern about voting fraud (in America?? No!!), and to alleviate these concerns I have enlisted the same accounting firm who tabulates the votes [more...]

Date: 2007-09-11 17:09:58
Blog: Nathan Bransford...

Marketing for Accounting Firms and other Professional Companies: Websites Count!

My design and marketing firm, Kinesis, has a few clients who are in the financial industry ... with for years. We surveyed 10 CPA firms in the northwestern United States about the state ... brand. Beware! This will lead to problems. Especially if the firm has a lackluster website. Here [more...]

Date: 2007-07-06 17:58:10
Blog: Kinetic Ideas: Marketin...

More Tax Comment

06/27 09:44 PM Tuesday, June 26, 2007 More Tax That note from my New York friend defending the tax treatment of limited partnerships has generated ... it to myself. So ... some excerpts: A reader who works at a major accounting firm writes: Your economically ... partnership is taxed on its allocable share of the partnership's taxable amounts, whether [more...]

Date: 2007-06-28 02:44:44
Blog: David Frum's Diary on N...

Remember Mike Huckabee's Hope for America PAC? This was the soft money PAC he set up in Virginia to do a little traveling to explore a race for ... and Kirsten Fedewa, political consultants who still counsel him, along with the LR accounting firm ... | What To Do | Movies | Restaurants | News | Entertainment | © Copyright 2004-06. Arkansas Times. All [more...]

Date: 2007-04-20 21:42:17
Blog: Arkansas Times...

Success Delivered Weekly

permalink | comments (1) Counterfeit Product Protection Innovation and creativity are the pillars of sustainable business in the competitive, ... he had the million-dollar idea, he spent several years ensuring his business would be on firm intellectual ... , accounting for 81 percent of all seizures. The United States Patent and Trademark Office (USPTO) [more...]

Date: 2007-09-21 13:51:29
Blog: About Small Business In...

Lazy blogging

A few interesting links Rich dropped into a comment thread below A report from Citizens for Tax Justice, "Corporate Income Taxes in the Bush Years", ... of taxes paid in the past. Major accounting firms assisted in the lobbying, and also redoubled ... of confidential information in a student or faculty member's Internet files can be equally harmful.'" A [more...]

Date: 2007-06-30 11:18:36
Blog: The Sideshow...

Elite recruitment

Here's the Xinhua version of a plan to promote political involvement ... of the Beijing-based China Rightson Certified Public Accountants Co., Ltd., which employs 1,000 professionals ... in a private accounting firm, and earned a decent income, and yet often felt "disconnected [more...]

Date: 2007-10-05 13:15:08
Blog: Teaching Comparative Go...

Accounts cum Admin Assistants - Moore Stephens

We are an established firm of Chartered Accountants with international affiliations with Moore Stephens International Limited ... in Accounting or equivalent. 2. Able to work under pressure and have ... [more...]

Date: 2007-10-07 19:40:51
Blog: JAWATAN KOSONG / KERJA...

This Just In: Feds Favor Wall Street over Investors

The Bush administration, per an amicus brief by the U.S. Solicitor General, sided with Wall Street yesterday in an important securities law case ... securities law. The plaintiffs claim that investment banks, law firms, accountants, and suppliers ... (a) and (c), where Respondents engaged in transactions with a public corporation with no legitimate [more...]

Date: 2007-08-16 16:00:50
Blog: Blawgletter...

In Today's Journal: Inconvenient Turbines

If you’re hungry for WSJ energy news, but too busy to flip through the entire paper to find it, here’s a quick roundup: AEP is the No ... regulations, will look ugly or damage property values. Congressional efforts to address climate change took ... that the accounting firm’s Russian unit owed $15 million in back taxes. The outcome follows [more...]

Date: 2007-07-12 13:27:06
Blog: Energy Roundup - WSJ.co...

Fraud needs tax havens to survive

Fraud needs tax havens to survive 14-Aug-07 According to Channel Register yesterday: ... that it was not convinced the new reverse charge accounting will close carousel fraud down. Sentences ... research figures published by accounting firm BDO Stoy Hayward, show there were 141 business [more...]

Date: 2007-08-14 08:44:20
Blog: Tax Research UK ...

The wikinomics blog scroll

Once again, it’s time for a weekly(ish) tour of a few of the interesting places wikinomics is popping up in the blogosphere ... the new age worker” discusses how his accounting firm can use “readily available tools and services ... focus on their use in relation to corporate transparency), tied to many of the wikinomics concepts [more...]

Date: 2007-09-27 22:31:42
Blog: Wikinomics ...

BDO US - going under?

BDO US - going under? 17-Aug-07 Accounting firm BDO has been fined $521 million in the USA. It’s annual fee income is $589 million ... to sport a fraud. I’m no friend of lax audits. And they’re too commonplace. But I’m no friend ... of doing so. You can’t only have the upside. Share This Filed in Accounting, Economics [more...]

Date: 2007-08-17 07:37:12
Blog: Tax Research UK ...

Joe Berardino - Color Me Oblivious

Joe Berardino - Color Me Oblivious Continuing with my irreverent series on Enron and its ongoing haunting of our business life, ... Andersen, the world's premier accounting firm, overseeing 85,000 employees. Then one of its clients ... the labs. Why? "Because I'm dangerous," he said, another reminder that he is, after all, an accountant [more...]

Date: 2007-09-12 04:49:19
Blog: re: The Auditors...

our business updates

This is our second month of being employers to two new staff and today, we have to ask one of them to leave ... to have the experience of working in an accounting San Diego firm but her performance won’t showing much ... on breaking even. Each seminar seems to be more challenging and this makes us rethink our business model [more...]

Date: 2007-06-19 16:07:42
Blog: Resources & useful info...

Mad about the Boys

In addition to writing about Lou Pearlman's sex life, Bryan Burrough has done an impressive job telling the story of Pearlman's business life ... ), the EISA scam, the boy bands, the phony accounting firm and more. One interesting passage tells how Julian Benscher discovered Pearlman was a fraud when he flew to Germany to meet with Wullenkemper [more...]

Date: 2007-10-02 22:05:37
Blog: Money Talk | tampabay.c...

Google software recommended

Google software recommended Here's an interesting development:Technology consultancy Capgemini will begin recommending Google Inc.'s (GOOG) ... leader's effort to drum up more sales to big businesses. The partnership to be announced Monday represents ... ) and accounting firm PricewaterhouseCoopers. Posted by Peter Risdon [more...]

Date: 2007-09-12 08:48:29
Blog: Freeborn John...

BDO Seidman Ordered to Pay $521 Million Fine

We have a story about one of the Big Six, and it appears that the risks of doing business as Big Four auditors are not confined to them alone ... indictment in its massive tax fraud case. In a large accounting firm, such a number could ... damages. The charges: being negligent to show fraud in Bankest, a financial services company owned [more...]

Date: 2007-08-15 01:13:58
Blog: Big Four Blog...

John Holcomb Speaks: Five Years of SOX and Future Directions

Impact of Sarbanes-Oxley Act John M. Holcomb Department of Business Ethics and Legal Studies Daniels College of Business University of Denver ... have enthusiastically defended the law Accounting firms have praised the law, partially because of all the additional ... , such as the Free Enterprise Fund, have criticized the Public Company Accounting Ove [more...]

Date: 2007-08-07 12:15:00
Blog: The Race to the Bottom ...

World of Good, Amoro Style

Welcome to another installment of the World of Good (WOG) here at The Scratching Post. I think you'll enjoy this one. Ah, to be young and rich ... search engine for high schoolers that was later bought out by another firm. Rather than blow ... , accounting, and other key areas. This “Total Team” Support results in some of the highest efficiencies [more...]

Date: 2007-10-03 13:04:19
Blog: The Scratching Post...

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