Earlier this month I received a letter from the governing body of my profession in this province, the ICAO. I wasn’t expecting it so naturally I was pretty curious. It turned out to be great news: “According to our records, your estimated completion date of the 30-month practical experience requirement is 12÷7÷2007.” Even before I had […]

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According to this recent post on JobsintheMoney’s CareerWire blog, hedge funds are looking for accoun­tants and paying top dollar for them: The Rothstein Kass report, The Compen­sation Conundrum, makes clear that even for non-investment profes­sionals, hedge funds pay better than both Wall Street and corporate America. For instance, senior accoun­tants at surveyed firms earned $71,000 median […]

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Grant Thornton in the UK merged earlier in the year with RSM Robson Rhodes, making it “a leading player in the mid-market and the provider of non-audit services to one in four of the FTSE 100,” according to GT’s chief Michael Cleary. The board of the merged entity makes the trans­action look more like an […]

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The Securities and Exchange Commission (SEC) has provided small businesses another 1-year delay to comply with Sarbanes-Oxley Section 404 require­ments. Section 404 is the part of Sarbox that requires management to attest to the effec­tiveness of internal controls over financial reporting. “This will help ease the burden on small firms and help encourage more small […]

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The Tax Foundation’s Ten principles of sound tax policy are a must-read for those influ­encing tax policy. I think the list can be further refined down to about half that, but maybe they wanted to get an even ten. For instance, maintaining the neutrality of the system (#2) will result in broad bases (#3). It’s when […]

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