• KPMG Lists Top 10 Priorities for Audit Committees – Fire Grant Thornton and hire KPMG? [Web CPA]
• Kumar Pleads Guilty in Galleon Case – Anil Kumar says he got $1.75 million for his inside dish from Raj. [WSJ]
• FASB Finalizes Changes on Consolidation, Equity – Subtopic 810-10 updates FAS 160, Noncontrolling Interests in…oh to hell with it. [Compliance Week]
• Cell Phones are Good for Your Brain – Gab away. [The Atlantic]
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Review Comments | 09.23.09
- Caleb Newquist
- September 24, 2009
• Audit by Ernst & Young says RSK MiG worth only 3.5 cents – Someone remind us why the Cold War such a big deal? [Russia Times via Alert 5]
• Celebrity Tax News: Floyd Mayweather, Jim Thorpe – Floyd paid over $5 mil, Thorpe’s looking at two years. Nice work fellas. Hire an accountant you dolts. [TaxProf Blog]
• Under The Right Conditions, Imagine How Masterfully This Guy Could Massacre A Food Eating Challenge – Hizzoner can put the wieners away but is a calories counter. No word on any refunding. [DB]
• Palin Addresses Asian Investors – What “investors” are listening to her? Let’s pretend that this didn’t really happen. Great. [WSJ]
• How to Answer an SEC Comment Letter – Submit your suggestions in the comments. Cap it at three words you chatty Cathys. No more, no less. [CFO]
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Review Comments | 01.14.10
- Caleb Newquist
- January 15, 2010
• Regulators Call for Tougher Policies at Hearing – Sheila Bair and Mary Schapiro got their turn today to make pledges, promises, etc. [WSJ]
• Are You Gonna Make My Day? The Auditors And SEC Enforcement – Didn’t you hear? They’re on this. [Re: The Auditors]
• Geithner to testify on AIG – Don’t make plans on January 27th. [Reuters]
• Bernanke Fights to Keep Bank Powers in Senate Letter – Beard to Chris Dodd: Just retire already so I don’t have to listen to your crap anymore. [Bloomberg]
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Review Comments | 11.13.09
- Caleb Newquist
- November 14, 2009
• Fix the Tax Code Friday: Targeted Enforcement – Top three targets: 1) offshore accounts; 2) pass-through entities; 3) high wage earners [Tax Girl]
• Securities Regulators to Talk Financial Literacy With Students – And the regulators might learn something. [SEC.gov]
• 2 Programmers Are Charged With Aiding Madoff – Bor-ing. Family members next time please. [DealBook]
• BYU Sweeps 2009 Deloitte Tax Case Study Competition – See? Caffeine isn’t necessary. [TaxProf Blog]
• Hard Times and Bad Behavior – Are you shoplifiting? [Financial Armageddon]