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Jim Turley’s balancing act
Accounting — exciting? After a global financial crisis that hinged on the misvaluation of assets, it’s a lot more interesting than it used to be, and even more interesting if you’re running one of the...
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Ernst & Young settles SEC accusations for $4 million
Ernst & Young has agreed to pay $4 million to settle charges by the Securities and Exchange Commission that its auditors illegally lobbied Congressional staff on behalf of clients. The SEC found...
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Most new dads take time off, without calling it paternity leave
Dear Annie: I'm envious of the people who work for Change.org and other employers I've been reading about lately, since those employees can take time off for the birth or adoption of a child without...
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Your 2014 taxes: Here’s how to get ahead
Despite the fact that it feels like mid-February, from a financial perspective we've got another month to go until we turn the page into 2015. That's enough time to do a little end of the year tax...
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Deloitte names first female CEO
Deloitte has named veteran Cathy Engelbert as chief executive officer, making her the first woman to become CEO of a major U.S. accounting and consulting firm. Engelbert, 50, was formerly chairman and...
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Walmart, Toshiba, and the audit firms: Wake up SEC!
A letter dated Sept. 9 addressed to Securities and Exchange Commission Chair Mary Jo White and the SEC Commissioners was no ordinary letter. Its signers included heavy-hitters such as former Federal...
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Why Immigrant Women Make Great Entrepreneurs
Starting a company is a lot like immigrating to America, says Nikki Barua: “You need to adapt to survive.” Barua, who is the founder and CEO BeyondCurious, an agency that creates mobile experiences for...
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GoPro, EMC, Ernst & Young, and AIG Go Big On Drone Racing
What does action-camera maker GoPro, business technology giant EMC, insurance heavyweight AIG, and accounting firm Ernst & Young have in common? They're all sponsors of a national drone racing...
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Facebook May Owe $5 Billion in Federal Taxes
This post has been updated to include a statement from Facebook. Facebook might be on the hook to Uncle Sam for as much as $5 billion in taxes. The company said it received a “statutory notice of...
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Ernst & Young Was Just Fined $9.3 Million for Inappropriate Client Relationships
Public accounting firm Ernst & Young has agreed to pay $9.3 million to settle charges against three of the firm’s audit partners, the SEC announced Monday. The SEC found that Gregory Bednar, a...
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