Accounting, Audit & Advisory

For the fifth consecutive year, Deloitte Consulting has been ranked the fourth-best consulting firm in the United States (although the governor of Rhode Island might beg to differ), according to the latest Vault Consulting 50. So once again, Green...

Starting a website for an accounting firm is not an easy task and can seem overwhelming, especially for those with no prior experience. It can be challenging even for those who have walked the path, because there are so many variables to consider....

The Financial Accounting Standards Board formally issued a proposed accounting standards update Wednesday to delay the effective date of its long-duration insurance standard to give companies more time to implement it. The delay would defer the...

President Donald Trump said he can cut taxes by indexing capital gains to inflation without congressional approval, a move the White House has been considering for months that would largely benefit the wealthy. Weve been talking about indexing...

The Massachusetts Society of CPAs recently partnered with the National Association of Black Accountants, Fisher College and Suffolk University to host the Accounting Career Awareness Program for 30 high school students across the state. The ACAP...

Our pal Francine McKenna at MarketWatch broke a pretty big news story today regarding an accountant who blew the whistle on Walt Disney Co. Disney whistleblower told SEC the company inflated revenue for years [MarketWatch] According to the...

On the heels of a plan to evaluate licensure rules which was met by some criticism last month, the AICPA and NASBA have announced a new coalition to make sure those troublesome lawmakers of ours dont go running around letting any idiot with a...

A press release sent today by Toronto-based law firms Thornton Grout Finnigan and Rochon Genova caught our attention: Adrienne mentioned in Footnotes last Friday that KPMG had withdrawn its report on CannTrust Holdings financial statements for...

Youre three sips into your grande double shot as you pull into a desolate, jet black parking lot. By the time you hear footsteps walk through your office hallway, youre an hour deep into next weeks big project. You are Mondays early-morning warrioran anomaly in todays ever-changing accounting landscape. Right?  Nah, sorry. Being an early

My name is Mark Goodfield. Welcome to The Blunt Bean Counter , a blog that shares my thoughts on income taxes, finance and the psychology of money. I am a Chartered Professional Accountant and a partner with BDO. This blog is meant for everyone,...

The first prison sentence was handed out today in Manhattan federal court to one of the five former KPMG executives indicted in a scheme to steal confidential audit inspection information from the PCAOB. Cynthia Holder, a former PCAOB inspections...

Different kind of bracelets; Bentleys and a rinse; ministry of fraud; and other highlights of recent tax cases. Baton Rouge, Louisiana: A state court has barred former tax preparer Joseph A. Gillies from preparing state income tax returns. Gillies...

In an ordinary midsummer news slump, only yawning disinterest would greet the July 29 news of Grant Thorntons notice to the U.K. authorities of its intent to resign as auditor of troubled retailer Sports Direct International plc. The times are not...

Its Brad Prebers first day on the job as interim CEO of Grant Thornton after now-former CEO and hero of the wastes Mike McGuire noped on up out of that seat. And boy did he have a shitstorm to deal with first thing. Rumors of Grant Thornton...

Back in March, Jason let us know about a handful of layoffs out of Grant Thornton U.K. and now it seems the fun is coming to Murica. First, a tipster informed us of a shake-up in the Northeast Region, with the Westborough, MA office closing up and...

When we talk about the miserable working conditions in public accounting, were usually referring to the long hours because lets be real, its low hanging fruit when it comes to complaints. One thing we havent spent nearly enough time discussing...

My name is Mark Goodfield. Welcome to The Blunt Bean Counter ™, a blog that shares my thoughts on income taxes, finance and the psychology of money. I am a Chartered Professional Accountant and a partner with BDO. This blog is meant for everyone,...

It’s 3 p.m. on a Tuesday, and a staff member of my firm, MOD Ventures, approaches me. According to her, a client mentioned that he’s getting too busy to handle his multiple responsibilities at his small business. As an office manager, he takes care...

ICYMI, a couple weeks ago I wrote about a joint AICPA/NASBA plan to drag CPA licensure into the 21st century. So far, the initiative is in the early planning stages but it feels like the profession is moving far quicker than its usual snail pace to...

Citing “prejudicial” and “inflammatory” media coverage as the reason, the attorneys for Amber Guyger, the former Dallas police officer who killed PwC accountant Botham Jean in his apartment last September, recently filed a change of venue motion to...

Scholarships and taxes; delay in ASU 842; landmark documentaries; and other highlights from our favorite tax bloggers. For reprint and licensing requests for this article, click here.