An embezzlement scheme at Aria Hotel costs MGM $770,000, an accounting firm apologizes for paying a staffer below minimum wage, problems with Workday ERP implementations for state and local governments, a spike in accounting enrollment at Purdue University, and tax migration trends between high-tax and low-tax states.

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• (00:59) - Clarence Thomas and a questionable RV loan

Show Notes

Clarence Thomas Didn’t Fully Repay $267,230 Loan for Luxury Motor Home, Senate Report Says - WSJ

https://www.wsj.com/politics/policy/clarence-thomas-didnt-fully-repay-267-230-loan-for-luxury-motor-home-senate-report-says-4651d23f?st=3z9ga4dwlcgci2c

Accounting firm apologises for paying trainee below minimum wage

https://www.efinancialcareers.com/news/2023/10/pay-for-trainee-accountants

Audit of Maryland Health Department finds $1.4 billion accounting lapse - The Washington Post

https://www.washingtonpost.com/dc-md-va/2023/10/25/maryland-health-department-audit-accounting-lapse/

Justice Thomas’s R.V. Loan Was Forgiven, Senate Inquiry Finds - The New York Times

https://www.nytimes.com/2023/10/25/us/politics/clarence-thomas-rv-loan-senate-inquiry.html?smid=nytcore-ios-share&referringSource=articleShare

Michael Cohen Testifies Trump Ordered Him to Inflate Wealth - WSJ

https://www.wsj.com/politics/policy/michael-cohen-testifies-against-trump-in-civil-fraud-trial-f9bb52c1?st=ep1l5nyp84fsot2

Purdue University sees spike in accounting enrollment | Accounting Today

https://www.accountingtoday.com/news/purdue-university-sees-spike-in-accounting-enrollment

Trump’s Longtime CFO Lied, Under Oath, About Trump Tower Penthouse

https://www.forbes.com/sites/danalexander/2023/10/12/trumps-longtime-cfo-lied-under-oath-about-trump-tower-penthouse/

IRS announces withdrawal process for Employee Retention Credit claims

https://www.irs.gov/newsroom/irs-announces-withdrawal-process-for-employee-retention-credit-claims-special-initiative-aimed-at-helping-businesses-concerned-about-an-ineligible-claim-amid-aggressive-marketing-scams

Donald Trump Watches as Witness Dismantles His Net Worth Calculations

https://www.newsweek.com/donald-trump-watches-witness-dismantles-his-net-worth-calculations-1835556

How an IRS contractor leaked tax data on Donald Trump, Jeff Bezos and Elon Musk | Accounting Today

https://www.accountingtoday.com/articles/how-an-irs-contractor-leaked-tax-data-on-donald-trump-jeff-bezos-and-elon-musk

Profits and Pay Lag Behind Revenue Gains at CPA Firms - CPA Trendlines

https://cpatrendlines.com/2023/10/11/cpa-firm-profits-and-pay-lag-as-revenue-tops-1-million/

'Better Call Saul' creators beat Liberty Tax's defamation, trademark lawsuit | Reuters

https://www.reuters.com/legal/better-call-saul-creators-beat-liberty-taxs-defamation-trademark-lawsuit-2023-09-25/

Crazy Embezzlement Case At Aria Las Vegas: Hotel Manager Refunds $770,000+ To His Debit Card - LoyaltyLobby

https://loyaltylobby.com/2023/09/09/crazy-embezzlement-case-at-aria-las-vegas-hotel-manager-refunds-770000-to-his-debit-card/

IRS Announces Special Process For Withdrawing Inappropriate ERC Claims

https://www.forbes.com/sites/kellyphillipserb/2023/10/19/irs-announces-special-process-for-withdrawing-inappropriate-erc-claims/

Roblox tells employees they have to come to office three days a week or take severance package            

https://www.cnbc.com/2023/10/17/roblox-tells-employees-they-have-to-come-to-office-three-days-a-week.html

What do young accountants want to do with their lives?