Faulty Software

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

Postal Fleet Services, a St. Augustine Florida company,  states that problems with the U.S. Postal Service‚Äôs mileage-tracking program have forced them to slash jobs and opened them up to trucker lawsuits in three states. Questions: How long has the company been a trucking contractor for the U.S. Postal Service? Over what period did Postal Fleet… Read more »

KPMG in the News

Posted by & filed under Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Fraud Accounting, IFRS, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

Although KPMG LLP, one of the “Big Four” accounting firms, a former female Senior Manager, Donna Kassman, filed a $350 million class action discrimination lawsuit against the company on June 2, since the numbers tell a different story entirely. Women comprise about half of KPMG’s employees, but are conspicuously absent from the top leadership positions…. Read more »