Monthly Archives: January 2012

Another hit at Going Concern

Seems like accounting news is especially slow this week.  I don’t know if basing a whole full-time website on smutty accounting news was the greatest idea, but I sure respect Going Concern for trying. Yawn.  Another article about accountants milking

Another hit at Going Concern

Seems like accounting news is especially slow this week.  I don’t know if basing a whole full-time website on smutty accounting news was the greatest idea, but I sure respect Going Concern for trying. Yawn.  Another article about accountants milking

Another J&J Recall?

The FDA accused Johnson and Johnson (J&J) of selling insulin pumps last year after learning of malfunctions with the devices. I would expect J&J to take corrective actions to ensure there are not making the news because of unethical practices

Another J&J Recall?

The FDA accused Johnson and Johnson (J&J) of selling insulin pumps last year after learning of malfunctions with the devices. I would expect J&J to take corrective actions to ensure there are not making the news because of unethical practices

Twinkie-busting

Overcomer writes: http://online.wsj.com/article/SB10001424052970204257504577154402317896574.html?mod=WSJ_business_LeadStoryCollection#printMode After reading this article, I truly begin to understand why most corporations avoid unions. In a statement, Hostess said the current cost structure “is not competitive, primarily due to legacy pension and medical benefit obligations and restrictive

Twinkie-busting

Overcomer writes: http://online.wsj.com/article/SB10001424052970204257504577154402317896574.html?mod=WSJ_business_LeadStoryCollection#printMode After reading this article, I truly begin to understand why most corporations avoid unions. In a statement, Hostess said the current cost structure “is not competitive, primarily due to legacy pension and medical benefit obligations and restrictive

Problems at the PBGC

Overcomer writes: http://www.nytimes.com/2011/12/02/business/contractors-work-for-us-pension-guarantor-was-flawed-audit-says.html?_r=1&ref=accountingandaccountants. After reading that the inspector general  found that “Integrated Management had made errors of math and logic that could affect the value of pensions being paid to tens of thousands of people. That includes the participants of

Problems at the PBGC

Overcomer writes: http://www.nytimes.com/2011/12/02/business/contractors-work-for-us-pension-guarantor-was-flawed-audit-says.html?_r=1&ref=accountingandaccountants. After reading that the inspector general  found that “Integrated Management had made errors of math and logic that could affect the value of pensions being paid to tens of thousands of people. That includes the participants of

Accountants want to move up

http://www.accountingtoday.com/news/Career-Opportunities-Retaining-Staff-61164-1.html According to a recent survey by the American Institute of Certified Public Accountants revealed that the most popular reason for accountants choosing a job and sticking with it is the opportunity for career advancement within that particular firm. The

Accountants want to move up

http://www.accountingtoday.com/news/Career-Opportunities-Retaining-Staff-61164-1.html According to a recent survey by the American Institute of Certified Public Accountants revealed that the most popular reason for accountants choosing a job and sticking with it is the opportunity for career advancement within that particular firm. The

Was Madoff’s controller ignorant, negligent or stupid?

Mike writes: http://www.accountingtoday.com/news/Madoff-Controller-Pleads-Guilty-61173-1.html Enrica Cotellessa-Pitz, the former controller at Ponzi schemer Bernard Madoff’s investment firm, has pleaded guilty to charges of conspiracy, falsifying books and records and making false statements to the Securities and Exchange Commission. She worked for almost

Was Madoff’s controller ignorant, negligent or stupid?

Mike writes: http://www.accountingtoday.com/news/Madoff-Controller-Pleads-Guilty-61173-1.html Enrica Cotellessa-Pitz, the former controller at Ponzi schemer Bernard Madoff’s investment firm, has pleaded guilty to charges of conspiracy, falsifying books and records and making false statements to the Securities and Exchange Commission. She worked for almost

1% vs. 99%

From Michelle: I saw this article and could not avoid sharing it. As a tax associate, I felt like it was appropriate to share an article related to both tax and social ethics. This article hits the spot. “Don’t tax

1% vs. 99%

From Michelle: I saw this article and could not avoid sharing it. As a tax associate, I felt like it was appropriate to share an article related to both tax and social ethics. This article hits the spot. “Don’t tax