Diversity of services key in changing accounting industry This will definitely end well [WCBJ]
Atlanta accountant and three others charged with insider trading Four men were charged with insider trading, including an Atlanta accountant who allegedly learned of a pending takeover while giving tax advice to a member of the O’Charley’s restaurant chain’s board of directors, according to federal authorities. The four didn’t admit guilt, but agreed to pay a total of $420,000 — mostly in penalties — to settle charges that they illegally profited from inside information, according to the U.S. Securities and Exchange Commission, whose Atlanta office conducted the investigation. [Atlanta Journal-Constitution]
From accountant to "fattogram" the story of a mother of two who gave up balance sheets for showing off her assets [Daily Mail]
CPA’s Sons Score $3M To Bring Order To Financial Audits The Bong brothers had a crazy idea: “One night when we came home from the gym, my dad was screaming and yelling at his computer. He wouldn’t let us touch anything, but we took a look and we saw how cryptic it was,” Steven Bong said. “When he told me how much the software cost, the number made my head explode. I thought, ‘Hey, we can build an auditing program. How hard can it be?’” [WSJ]
PwC tries its hand at law Because of course it does: "Global accounting firm PwC has thrown its hat in the ring to compete with Australia’s largest law firms, hiring corporate heavyweights Tony O’Malley and Tim Blue to head their legal team. The two ex-King & Wood Mallesons partners have an ambitious revenue target of $100 million within five years, and are looking to recruit another twenty partners to join them. 'Tim and I are very excited about the prospect of joining PwC and pursuing together this growth strategy for the legal industry,' Mr O’Malley told The Australian Financial Review." [Financial Review]
Tax Revenues Still On Pace To Break Records In 2014 [Forbes]
IRS handed taxpayer information to contractors without background checks [WaPo]
Lawsuit Claims Google Wrote Down Plan to Steal Idea on Some Post-Its Didn't Tom Hood call this the year of the Post-It? [Valleywag]
