• Obama’s Advice to Aspiring Politicians: Be Careful on Facebook – This is what some parents were worried about? [Bloomberg]
• Accounting firms – Have maintained their reputation? [FT]
• Madoff feeder fund settles with Massachusetts – $8 mil from a $7.2 billion fund? [Reuters]
• Danger! Jobs most likely to kill you – Instantly. Not after a grueling, tortuous 30+ years, thus accountants are not on the list. [NYDN]
• PCAOB Backs FASB Codification – But if you’re ignoring it, that’s fine too. [Web CPA]
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Review Comments | 08.13.09
- Caleb Newquist
- August 14, 2009
• Finally, something we can agree on [A Whole Lotta Nothing]
• California To Stop Issuing IOUs As Budget Stabilizes – FTW Arnie. [NPR]
• PwC, do you have some Colonial Bank sins to confess? [JDA]
• UBS tax deal forged in sweat-drenched talks: source Morons should’ve known the a/c was going to get turned off. Chocolate probably melted too. [Reuters]
• Rick Pitino Not Coming to Samford Law – Nope. He’s being extorted by a woman who he paid $3k to have an abortion. [ATL]
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Review Comments | 01.18.10
- Caleb Newquist
- January 19, 2010
• Cadbury and Kraft turn sweet on deal – Kraft finally put up a number that wasn’t an insult. [FT]
• Senator Wants Explanation on AIG Severance Deal – Chuck Grassley would like Ken Feinberg to explain why the AIG general counsel got a severance package. Yes, he’s up for re-election. [WSJ]
• Market Concentration of the Big Four Audit Firms: The Feasibility of a Suggested Trade — Divestiture for Liability Limitations – “[I]s there a credible case to incentivize their exchange of market dominance for liability limitations?” [Re:Balance]
• What a Phishing Scam E-mail Looks Like – An exclamation point in an email from the IRS should be your first clue. [Tax Update Blog]
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Review Comments | 09.29.09
- Caleb Newquist
- September 30, 2009
• Hong Kong Police Raid Ernst & Young Office in Akai Audit Probe – Seems that they were to arrest individuals taking home office supplies for personal use. [Bloomberg]
• SEC told to aggressively assess tips after Madoff – As opposed to passively assessing them, which has been standard operating procedure at the Commission for years. [Reuters]
• Tax Court: CPA’s Google Search Does Not Constitute Reasonable Cause to Avoid Penalty – The Internet does not trump the IRC. [TaxProf Blog]
• Senate Committee Rejects Public Option for Health Overhaul – You’re either thrilled or completely pissed. [WSJ]
• Reznick Group Launches New SAS 70 Website – For you serious types. [Press Release]
• Stanford fails in bid to access insurance – Unfortunately for Stan, there’s no exchange rate for Lucky Strikes. [FT]