July 17, 2018

ideas

Report: Former Deloitte UK CEO Planning a New Big 4 Firm

Ever since Andersen went down for the dirt nap (and probably before that), observers of the accounting profession have worried about the shrinking number of large accounting firms. And sure, it's a concern, but the majority people can't be bothered with it until the Big 4 becomes the Big 3. The other side of this […]

Simplifying Financial Reporting Is Hard

As a concept, business is simple. Someone willing to buy a thing or a service gives you money for that thing or service. If you sell lots of things or services then you’ve really got something good going. Hooray! You’re an entrepreneur.

Here Are Some Health Initiatives Accounting Firms Should Consider for the Upcoming Busy Season

While ya'll have been diligently protecting our capital markets, I've been binge-watching a million seasons of “The Biggest Loser” on Hulu. Why didn't anyone tell me about this show? I would have started watching it years ago! Meanwhile, I've also been scrolling through “office workers are all going to die of stress-induced heart attacks” articles. […]

More Accounting Firms Should Let Employees Build Their Own Niche Practices

In the ANR this morning I mentioned one of the accounting profession's big worries: hiring and retaining talented people. A related worry that these same accounting firms have are with succession planning; firms that can't hire and retain good people aren't going to have much a succession plan. A recent whitepaper from Crowe Horwath stated […]

Let’s Talk About Creative Accounting Themed Halloween Costumes

Protip: throwing on a green eyeshade does not an accountant costume make.

David Cay Johnston Wonders If It’s Time We Threw the Income Tax on the Scrap Heap

Income tax pontificator David Cay Johnston can't help but think that maybe this particular revenue generation policy has run its course. It’s time to consider whether to get rid of income taxes, personal and corporate. What are the strengths and weaknesses of our current system? Should we tax individual and corporate income — or something […]