Monthly Archives: June 2011

Should Big-4 Auditors Get Paid Overtime?

Francine McKenna wrote a phenomenal post on Big-4 Overtime.  She evaluates the PwC lawsuit in California.  She compares the firms’ justification for not paying auditors against the PCAOB standards. They don’t seem to match. The auditing business model, in essence,

Should Big-4 Auditors Get Paid Overtime?

Francine McKenna wrote a phenomenal post on Big-4 Overtime.  She evaluates the PwC lawsuit in California.  She compares the firms’ justification for not paying auditors against the PCAOB standards. They don’t seem to match. The auditing business model, in essence,

Do Auditors Need Term Limits?

This great blog entry just came out on auditor term limits: http://accountingonion.typepad.com I have to credit Tom Selling for considering many the issues involved – his analysis seems to be fair, but I’m not convinced. A few specific arguments: Costs

Do Auditors Need Term Limits?

This great blog entry just came out on auditor term limits: http://accountingonion.typepad.com I have to credit Tom Selling for considering many the issues involved – his analysis seems to be fair, but I’m not convinced. A few specific arguments: Costs

Looking forward to teaching Financial Accounting Seminar

I just went through the student responses for my Financial Accounting Seminar.  It’s a great, diverse group of students, some recently graduated, some who have been working for a while, and some who are working on a second career.  I’m

Looking forward to teaching Financial Accounting Seminar

I just went through the student responses for my Financial Accounting Seminar.  It’s a great, diverse group of students, some recently graduated, some who have been working for a while, and some who are working on a second career.  I’m

IFRS: The Accounting Profession’s own MacGuffin

I’m a big fan of Alfred Hitchcock’s film North by Northwest.  A critical plot element is the statuette containing a top-secret microfilm.  (Anyone who hasn’t seen the film should see it, and don’t worry I won’t give out any spoilers.)

IFRS: The Accounting Profession’s own MacGuffin

I’m a big fan of Alfred Hitchcock’s film North by Northwest.  A critical plot element is the statuette containing a top-secret microfilm.  (Anyone who hasn’t seen the film should see it, and don’t worry I won’t give out any spoilers.)

Warren Buffet’s Motivational Blind Spot

Max Bazerman of Harvard Business School wrote a beautiful blog on the Buffet-Sokol affair: http://blogs.hbr.org/hbsfaculty/2011/05/a-lesson-from-warren-buffet-ab.html

Warren Buffet’s Motivational Blind Spot

Max Bazerman of Harvard Business School wrote a beautiful blog on the Buffet-Sokol affair: http://blogs.hbr.org/hbsfaculty/2011/05/a-lesson-from-warren-buffet-ab.html