The Managing Partners’ Forum was estab­lished in 1995 and is “dedicated to enhancing leadership and the status of the management team in profes­sional firms worldwide.” They recently released the inaugural Global 500, a ranking of the top 500 profes­sional services firms in the world by fee volume. The Big Four are at the top of […]

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I’ve grown a bit tired of Facebook lately. I think it’s because what origi­nally was a torrent of friend additions has gradually slowed to a trickle. (I meet lots of new people through my job but I doubt they want the auditor on their Facebook!) It seems I’m not the only one who is questioning […]

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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 the […]

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Beancoun­terBlog discusses the recent détente between movie stars and the IRS. Seems the IRS feels all those really expensive gifts that celebrities get should be taxable, and the Hollywood Foreign Press Associ­ation agrees. Celebs will now be “issued appro­priate infor­ma­tional tax forms by the HFPA and will be respon­sible for satis­fying their income tax obligations.” […]

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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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