A lot of young people would have loved Matthew Rudolph’s job as an accountant for NBC’s show 30 Rock. As it turns out, there might be a vacancy. After being accused of padding his corporate expense account to the tune of about $13,600, Rudolph is now awaiting arraignment.
Can a hotel become more sustainable and reduce its carbon footprint by using LED lighting and installing a rooftop garden? A team of four accounting students from the University of Texas at Dallas thinks so. The American Institute of Certified Public Accountants and a popular luxury hotel think so, too. Jason Bramwell reports.
Business students from the University of Illinois last week won the national round of the PwC xACT division for the third consecutive year. The xACT and the xTAX divisions are part of PwC US's xTREME Games, now in its ninth year.
The Public Company Accounting Oversight Board and the Professional Oversight Board in the UK have signed an agreement that will allow the PCAOB, working in cooperation with the POB, to resume audits of accounting firms registered in the UK.
Rosen Seymour Shapss Martin & Company LLP recently announced that Kahn, Hoffman & Hochman, LLP has merged its practice into RSSM effective January 1, 2011. The firm will operate under the name Kahn Hoffman & Hochman LLC, a Division of RSSM LLP.
Gilman Ciocia announced this week that it has acquired Hoffman, Levy, Bengio & Co., PL., formerly located in Hollywood, Florida. As part of the transaction, the firm has relocated its operations into Gilman Ciocia's office in Aventura, Florida.
The New York Attorney General has filed a lawsuit against Ernst & Young, accusing the firm of helping Lehman Brothers hide its financial weakness from investors from 2001 until the investment bank collapsed in 2008.
Most of the richest Americans that populate the annual Forbes 400 list gained their wealth by owning founders' stock. Allowing favorable tax treatment on this stock might be costing taxpayers by $100 billion a year, or $1 trillion over ten years.
A proposed ruling from the U.S. Securities and Exchange Commission exempts family offices from any requirement to register with the SEC under the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Even though any accounting auditor would tell you it seems like there are an awful lot of tax accountants out there, surely one-third of the country isn't made up of tax preparers, so it's rather startling news to learn that one-third of Americans like to do their taxes. Who knew?
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