“When the going gets tough, the tough take accounting.”
~ New York Times columnist David Brooks, who says that the weak economy leads many wannabe humanity majors into the arms of the double-entry system.
Related Posts
Citi Failed to Impress Mike Mayo
- Caleb Newquist
- October 5, 2010
“Citi still seems to have aggressiveness with financial targets (well above historical), accounting (tax credits) and corporate governance. Also, the strategy does not always seem in sync with execution and/or financial reporting.”
~ It isn’t known what the Credit Agricole Securities analyst thinks of the auditors.
Ben Bernanke’s Idea of “Recovery” Might Not Correlate with Yours
- Caleb Newquist
- June 9, 2010
“My best guess is we’ll have continued recovery, but it won’t feel terrific.”
~ Ben Bernanke takes a stab at the economy.
Sarbanes-Oxley Lives
- Caleb Newquist
- June 29, 2010
“The Sarbanes-Oxley Act remains ‘fully operative as a law’ with these tenure restrictions excised.”
~ Chief Justice John Roberts, in the Supreme Court’s majority opinion.