Accounting News Roundup: Grant Thornton's Revenues and Accountants Are Worried About the Cloud | 09.28.16
Wednesday, September 28, 2016 - 10:11
Grant Thornton revenues There's almost no point in large accounting firms reporting their revenue, but hey, the Purple Rose of Chicago had a pretty good year. The US firm's self-reported, unaudited...
Tuesday, September 27, 2016 - 15:51
Going Concern history buffs will recall a period in 2011-2012 when oil services company Weatherford International had some chronic problems with its tax accounting.
Tuesday, September 27, 2016 - 10:28
Sustainability disclosures When it comes to disclosure, most businesses would like less of it. They throw the term "disclosure overload" around quite a bit.
Monday, September 26, 2016 - 17:20
PwC loves millennials. There are countless examples to prove this.
Monday, September 26, 2016 - 10:34
Accountants are worried about the future One trope of business is to ask some variation of the question: "What keeps you up at night?" Lately, the answers from people in the accounting profession are...
Friday, September 23, 2016 - 10:28
Grant Thornton's reprehensibility Here's an interesting report from Courthouse News Service that discusses Grant Thornton losing a tax shelter case based on a leveraged distribution 301 transaction...
Thursday, September 22, 2016 - 17:12
Here's a Wall Street Journal story about Rolls-Royce's future CFO, Stephen Daintith.
Thursday, September 22, 2016 - 10:05
AICPA to the rescue By now you've likely heard about the scam where an unsuspecting accountant receives an email from a high-ranking executive, usually a CFO, requesting a large wire transfer. The...
Wednesday, September 21, 2016 - 10:18
Exxon Last week we learned that the New York Attorney General was curious as to why ExxonMobil hasn't written down any of its reserves since the price of oil started dropping.
Tuesday, September 20, 2016 - 10:18
Emoticons In the past, one of the more fruitless exercises that large accounting firms have forced upon their employees is the assessment of the firm as an employer. The idea being that firms want to...