When accounting goes unaccounted for
It's time once again for circle of CPA chaos known as Open Items.
Want to show off some accounting-related artistic skills? A tax haiku, perhaps? Are you seeking unfiltered career advice from some seasoned CPAs? Are you an auditor looking to air some grievances about your client? Are you a controller looking to air some grievances about your auditor? This is the place to do it.
Just think before you speak. Enjoy.
Forget Zimbabwe, U.S. Tax System Ranks At Bottom, Just Better Than Portugal [Forbes] AICPA Urges […]
In what could be the most sensible reaction by bankers in quite some time, Sweden is writing down debt held by individuals in Latvia.
This move by the Swedes occurs, not so surprisingly, after the revelation that Latvian bankers were acting as soul brokers.
Swedbank, which is entirely made up of tall, stunningly attractive blondes that only purchase inexpensive, self-assembled furniture, stated that approximately 10% of the loans held by Latvian individuals would be written down, leaving many Latvian souls at risk of repossession by the Princes of Darkness Latvian Bankers.
Swedish Banks Prepare Latvian Debt Write-Down [DealBook/NYT]
Things still suck for lawyers, they might just suck less than they have lately [ATL] […]