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.
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CrossLink Expands Georgia Office
- Friday, 22 July 2011

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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.
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