“We don’t want the Wal-Mart audit.”
~ The aforementioned Lynn Turner, cringes at the thought of low prices.
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Off-Balance Sheet Accounting 2.0
“They will help investors to better understand off-balance sheet risks, and to alert them to the possibility of so-called window dressing transactions occurring at the end of a reporting period.”
~ Sir David Tweedie talking up the new rules that were published by the IASB today.
At Least Someone Is Optimistic About the Tax Cut Stalemate
“I think we got off to a good start yesterday. There are going to be ups and downs in this process but I’m confident that we’re going to be able to get it done.”
~ President Obama is making us nauseous.
Person From Switzerland Has the PwC Playbook Down Pat
[Translated from German to English] “When the times are good, [PwC] hires young talent en […]