Auditors have warned of Philly School District accounting problems since 1987 [Philly.com]
U.S. wants to seize assets tied to Russian tax refund scheme [Reuters]
Bisk has bailed out of the CPA review business. [Tampa Bay Business Journal]
For once, being a cheap ass accountant also means being the cool guy in town. [The Courier-News]
Survey says… CPA executives are sort of optimistic about the future? [AccountingWEB]
Apparently former Texas comptrollers include farmers, lawyers and even a ghost but there hasn't been a single CPA in office. Ever. [PolitiFact]
Swedes Face Forced Deleveraging as Debt Loads Swell to Record [Bloomberg]
[T]he Texas Supreme Court on Friday gave state officials the go-ahead to continue collecting a special $5-per-customer tax on strip clubs. The so-called “pole” tax, collected upon entrance to any club that features nude dancing and alcohol consumption, was ruled unconstitutional by a state district judge in Austin and the 3rd Court of Appeals. The law was passed by the Texas Legislature in 2007, and so far about $15 million has been collected. The money has not been disbursed because of the earlier court rulings. [