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 […]
Canadian bank “shakes” Enron related audit rules
December 31st, 2006 · No Comments
Category: Auditing
Tags: audit, bank, CIBC, Enron, oversight, US
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 […]
Category: Accounting
Tags: BDO, BDO Seidman, city, Nashville, PwC
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 […]
Category: Accounting
Tags: accounting firm, CA, career, Ernst & Young, recruiting
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.
Category: Profession
Tags: blogging, Christmas, vacation
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 […]
Category: Technology
Tags: accounting firm, clients, document, efficiency, IT, management, storage, tablet

