“U.S. GAAP is founded upon principles, that’s what the P is supposed to stand for.” – SEC Chief Accountant James Kroeker arguing at a Pace University IFRS discussion that GAAP is just as principles-based as IFRS.
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Memo to Big 4 Partners
“Overtime-induced work stress might contribute to a substantial proportion of cardiovascular disease.”
~ Gordon McInnes, professor of clinical pharmacology at the University of Glasgow’s Western Infirmary.
Guy May Have Gone Through Puberty While Working At KPMG
“Well, I’m KPMG man and boy. I actually did engineering at university and then decided […]
John Boehner: What Have You Done for American Families and Small Business Lately, Mr. President?
“If the President really wants to help small businesses, he should insist that Congress not leave town without cutting spending and stopping his tax hike to help create jobs – particularly small business jobs. By failing to act, the President is turning his back on American families and small businesses.”
~ The House Minority Leader, in a statement, nanoseconds after The President signed The Small Business Jobs and Credit Act of 2010 into law.