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Accountants Always Get A Bad Rap

Why is it that accounting has such a negative reputation as a career choice? It continues even though the profession has changed so much over the years. Tonight I was watching a fairly new children’s Christmas movie – “Christmas Is Here Again” – a “G-rated” cartoon narrated by Jay Leno. There were actually a number of well-known celebrity voices.Although no …

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How Much Embezzling Is Occuring Today?

The investment Ponzi scheme of $50 billion is quite interesting. Just how many of those could be out there? Locally a separate large embezzlement was detected in Connecticut – $350 million. I was reading the CT Law Tribune 12/15/08 issue today. Cover story – Marc S. Dreier, sole equity partner of a six-city, 238 lawyer firm was charged with embezzling …

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Midnight Breakfast Event

Last evening was University of Connecticut’s pre-finals send off event for their students. What a great event. My course finished on Friday, with final grades submitted on Sunday. I have the next semester off and return to teach in the summer and fall, 2009. I received an email from the school seeking staff volunteers for an on campus event held …

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Unintended Consequences

What starts as a local embezzlement can lead to other unplanned and greater consequences, even the elimination of an entire organization and headlines in national news. Here is a story I found tonight that reminded me of an embezzlement case close to home that resulted in serious consequences. I was a member of a volunteer ambulance association, and as luck …

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Your Legacy

Nothing like a bit of reality to bring an otherwise Happy Thanksgiving weekend to a close. My close neighbor fighting for his life in my last post passed away on Thanksgiving Day.Today, planning to attend his wake this afternoon, we learned my other neighbor’s sister passed away on Friday. At his wake this afternoon I marveled at the two large …

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