The Progressive Accountant
Intuit's Smith Gets 22-Percent Pay Hike
- Friday, 22 July 2011
Intuit has given its CEO, Brad Smith, a 22-percent hike in his base pay. Smith will receive $975,000 for the year ending April 30, 2012, up from $800,000 for fiscal 2011. And company executives, most of whom did not receive bonuses in fiscal 2010, got them for the year ending July 31.
CrossLink Expands Georgia Office
- Friday, 22 July 2011
CrossLink, a tax software operation owned by Petz Enterprises, has opened a new office in Rome, Ga. The 7,500-sq.ft.-facility doubles the amount of space that CrossLink had when it moved into the Southern city in September. The company has an option for an additional 2,000 square feet.Read more...
CPA Barred for Ponzi Role
- Friday, 22 July 2011
A Philadelphia area CPA has been barred from SEC practice for his role in a Ponzi scheme that operated for 13 years. CPA John N. Irwin received $5 million in fees and trading profits as he and his firm, Jacklin Associates, steered clients to Joseph S. Forte and their partnership, Joseph S. Forte LP, which fraudulently obtained $75 million from more than 100 investors that includes area at least one area church and a private school on whose board Jacklin sat.
Read more...The Accounting Top 100
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