Proud to Be Part of the Profession

Accounting April 29, 2013 

Proud to Be Part of the Profession

I’ve been immersed in our profession every since I was a kid. I practically grew up in my father’s public accounting firm in Bloomington, Indiana. On Saturday mornings, I would drive with Dad to his office. Being the 1960s, business was done much differently than it is today. Core ‘workflow’ tools consisted of pencils, paper,…

Darren Root, CPA, CITP, CGMA

sell-chart11_10909373

April 24, 2013 

The Hidden Wallet: 5 things owners buy with a secret stash of cash

Most business owners buy annual tax and assurance services from their accountant easily enough, but when it comes to investing in business advice, owners can be hesitant. Entrepreneurs reckon they know their business better than anyone and many take the attitude “if it ain’t broke, why fix it?”

 KPMG auditor was photographed accepting cash bribe over coffee

April 14, 2013 

KPMG auditor was photographed accepting cash bribe over coffee

April 10–It was the Starbucks sting. The defining moment in the KPMG insider-trading scandal happened over coffee at a Starbucks in the San Fernando Valley, when the auditor at the center of the case was set up by his longtime friend. Accountant Scott London thought he was meeting for a casual coffee, until the friend...…