• GC October Survey – A chance for a $100 AMEX gift certificate people. Get on it.
• $100 million settlement for bankrupt Phila. lender – American Business Financial Services is bankrupt. Now the trustee wants BDO to pay $962 million. Ouch. [Philadelphia Inquirer]
• Internal Audit Staff Hit Hard by Recession [Web CPA]
• Corporate bully of the day: Hertz – Audit Integrity called out Hertz. Hertz sues Audit Integrity. That’s mature. [Felix Salmon/Reuters]
• FASB Finalizes New Revenue Recognition Rules – Yes, the wait is over. [Compliance Week]
• Tax Consequences of President Obama’s Nobel Prize [TaxProf Blog]