Artful accounting schemes have been going into the books since the Sumerians started scratching crop sales into clay tablets. No one wants to pay The Man a dime more than they have to. And, inevitably, some people will take it …
posted in Articles
It’s true, accountants have a reputation for applying the kind of hard logic it takes to let the numbers do the talking so that we don’t have to. And as capable as we are of churning through financial statements and …
posted in CareerMany accountants go into the field with one goal in mind: working for themselves. Accounting has long been a field where it’s easy to do just that, primarily by serving the needs of other small businesses. It’s a practical, stable, …
posted in BusinessWell, let’s hope it’s not the actual apocalypse just yet. But as stay-home orders come down from on high and businesses shutter their doors on account of COVID-19, it sure feels a lot like the end-times for a lot of …
posted in BusinessUncovering one of the most famous hacking episodes in history started with a $0.75 accounting discrepancy. In 1986, a remote user of a minicomputer at the Lawrence Berkeley National Laboratory used up 9 seconds of processing time. Each department and …
posted in BusinessOkay, okay… so you just graduated with your master’s, you probably shouldn’t start worrying just yet. Go out and party a little bit first. Accountant party, of course, nothing too wild—get crazy and forget all about saving your receipt from …
posted in For StudentsIn 2001, the Enron scandal erupted; by 2002, Arthur Anderson collapsed, and the Big Five Accounting firms became the Big Four. Even nearly twenty years on, this scandal and the ensuring collapse of one of the world’s most respected accounting …
posted in CareerIn coffee shops and at dinner tables around the country, you’ll likely hear doom-and-gloom conversations about technology squeezing the American worker out of a job; conversations that speak to the evils of an increasingly automated nation capable of producing goods …
posted in Career30—quite possibly the only number that leaves some aspiring CPAs scratching their head in bewilderment. So what could make a little ‘ol number unnerve the same people who make their money crunching columns packed with digits? When it’s the only …
posted in For StudentsAs if going through the trauma of a major hurricane is not enough, having to file taxes on time can be a serious problem for people who suffered major losses. Realizing this, the IRS extended the tax deadlines for victims …
posted in Accounting News