Congress wants financial reporting simplified for easier understandability. I can’t honestly say their desire for more regular updates on what the industry is doing to modernize itself is a bad thing, however. Seems like a good prod for the stiff collars at the helm. Here in Canada, there are rumors the federal government may tie [...]

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I got a mass email about a week ago from the person in my firm who runs the UFE prep program for our UFE writers. She wanted to know if any of the recipients, who were passers of the exam in recent years, would be willing to be a “UFE Buddy” to a 2007 writer. [...]

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Apple has informed investors that due to the ongoing investigation into their options backdating problems, they may be removed from the Nasdaq‘s special “Global Select Market.” How select, you may ask? Well, a mere 1/3 of companies listed on the Nasdaq are privileged enough to make the cut. Wait, was that a typo? One-third of [...]

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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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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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