Please ensure Javascript is enabled for purposes of website accessibility
December 9, 2022

Footnotes: “Casual Readers” of Financial Statements Want Things a Little Breezier and Other Stuff We Don’t Understand | 12.14.12

HP Former CEO Says Board Shares Blame for Autonomy Deal [Bloomberg]

FASB, CAQ Find Support for New Disclosure Framework A summary of two separate forums hosted by the Financial Accounting Standards Board and the Center for Audit Quality says sophisticated investors and users of financial statements aren't concerned with reducing the volume of disclosures. More casual readers of financial statements, however, are very interested in discussing what can be done to streamline disclosures. [CW]

Warren Buffett emailed CNBC about a couple of things they got wrong. [BI]

Karl Rove’s Dark Money Group Promised IRS It Would Spend ‘Limited’ Money on Elections [ProPublica]
Consider Not Setting Goals in 2013 [HBR]
Carl Levin: Corporate revenues must be in debt deal [The Hill]
Alternative Minimum Tax Increase Looming Over Fiscal Cliff Negotiations [TF]
Paying Taxes on Capital Gains Early: How Investors are Avoiding Tax Hikes [TaxVox]
SEC Stands Pat as Global Accounting Forges Ahead [CFO]
This Is A Story About A Person Who Volunteered To Run A Marathon While Hungover For $1,000 [DB]

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Comments are closed.

Related articles

a dog wearing VR

Monday Morning Accounting News Brief: Deloitte on Microtransactions; More EY Split Roadblocks; Have You Become Irritable? | 11.28.22

Happy Monday! Here’s some stuff that’s going on. Several US audit firms told the Financial Times that they had elevated some or all of their crypto-related clients to the status of “high risk”, triggering a more thorough audit that will take longer and lead to higher bills; some clients could ultimately be dropped altogether. KPMG […]

woman working on a laptop with a dog beside her

Monday Morning Accounting News Brief: The Leadership Void; KPMG Gets Fined (Again); PwC Ups Leave | 10.3.22

Deloitte launches Global Sustainability & Climate learning program that aims to enhance skills and capabilities of Deloitte people to help address a global societal challenge. Dubai’s financial regulator has provisionally fined KPMG and one of its former partners $2 million over the firm’s auditing of Abraaj, the emerging markets private equity group that collapsed in […]