Canadian bank “shakes” Enron related audit rules

December 31st, 2006 · No Comments

From the (Toronto) Star: Banking author­ities in Canada and the United States have lifted an enforcement action that they imposed on the Canadian Imperial Bank of Commerce three years ago over its involvement with Enron Corp. The action put restric­tions on CIBC and required it – for the past three years – to pay for an […]

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Category: Auditing
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Accounting has returned to Nashville

December 23rd, 2006 · No Comments

It’s a little strange but within a week of an announcement by BDO Seidman that they were returning to Nashville, Tennessee with an office and aim to focus on the health care industry, Price­wa­ter­house­C­oopers makes a similar announcement about said city and industry. What I’m wondering is why both of those firms are just establishing […]

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Category: Accounting
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Quit today, get hired back tomorrow

December 20th, 2006 · 4 Comments

A recent story by the AP highlighted an inter­esting byproduct of the CA shortage — employees who leave their job at accounting firms are being actively recruited back to rejoin their former firm. Seems employers have realized that more often than not in the accounting business employees leave to explore different career options but leave […]

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Category: Accounting
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First vacation from work

December 18th, 2006 · No Comments

I started working nearly a full year and 8 months ago and have yet to experience the joy of a vacation from work that wasn’t full of studying for some exam. I took this week off work to get my Christmas shopping done and enjoy some time off from work. Blog posting may be infrequent.

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Category: Profession
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The case for digitized perm files

December 10th, 2006 · 2 Comments

Having lugged around three thick files repre­senting the full permanent file for an audit client for the past few weeks, I’ve come to the conclusion that my firm needs to consider digitizing these things. Perm files for accoun­tants consist of client documents that carry forward year to year. For example, engagement letters are good for […]

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Category: Technology
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