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GAO: SEC Basically Needs to Replace Their Entire Accounting System
- Caleb Newquist
- November 19, 2010
“These material weaknesses are likely to continue to exist until the SEC’s accounting system is either significantly enhanced or replaced, key accounting activity in other systems is fully integrated with the accounting system at the transaction level, information security controls are significantly strengthened, and appropriate resources are dedicated to maintaining effective internal controls.”
~ From a report issued by the Government Accountability Office
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CPA Reminds Tax Clients ‘We’re Not Fortune Tellers and Wizards’
- Jason Bramwell
- September 28, 2018
It seems that the Tax Cuts and Jobs Act is making New York CPAs’ jobs […]
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BP CFO Explains the Ixnay on the Ividenday
- Caleb Newquist
- June 18, 2010
“It’s an extraordinary thing for a company to do, but it’s an extraordinary thing we’re in.”
~ BP CFO Byron Grote, on the company’s decision to suspend its dividend, on a conference call with investors.