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Someone at the IRS Accidentally Brought Home Unsecured Data on 20,000 Fellow Employees

I mean it happens, right? I mix up my "work" and "totally not work and NSFW for that matter" thumb drives all the time. From BBW: The IRS is contacting the current and former employees involved, almost all of whom worked in Pennsylvania, Delaware and New Jersey. The information dates to 2007, before the IRS […]

Did Accounting Really Lose 25,000 Jobs in December?

Alright people, let's not freak out, it's just a jobs report. Dec jobs report showed a 25,000 decline in accounting jobs. Zandi: "That’s pretty bizarre.There’s no reason to think that actually happened" — Annalyn Kurtz (@AnnalynKurtz) February 5, 2014 That's Moody's Analytics Chief Economist Mark Zandi, and if you can't trust him, who can you […]

Audit Fees By Industry, As Presented By Audit Analytics

Audit Analytics puts together some great data points from time to time, and this latest on audit fees by industry is no exception. Let's take a peek: In this entry, we investigated the relative audit fees of Russell 3000 companies on a broader industry basis (using the NAICS classification system), looking at audit fees compared to […]

Some Guy Says CPAs Better Adapt or Die, And He’s Right

An interesting piece from Accounting Today tells us that basically this guy says CPAs have to adapt or die: Accountants face irrelevance if they don't keep up with the continuing changes in technology, according to Jon Baron, managing director of Thomson Reuters' Professional Tax & Accounting. In his opening keynote at the company's 33rd Annual […]