Can the IRS be saved? [Don't Mess With Taxes]
According to the WSJ, the SEC has approved tighter money-fund rules. Before you complain about needing to be logged into to read it, just punch "SEC Approves Tighter Money-Fund Rules" into Google and TADA, there it is just like magic [WSJ]
Uh, apparently there's some beef about a white supremacist accountant in Canada, they're calling him "The Aryan Accountant" [Independent-Enterprise]
SEC Top Accountant Defers to COSO on Framework Adoption [Compliance Week]
No debating it: Business prof shows students that accounting is more than number-crunching [NIU Today]
Tea Party groups detail 'harassment' by IRS [USA Today]
The Atlantic has proof the IRS didn't only target conservative groups. Funny, I feel like I've seen this before somewhere… [The Atlantic]
Two IRS Officials on Leave Over Free Food at Convention The Internal Revenue Service said it placed two employees on leave for accepting free food during a party at the agency’s 2010 conference in California. At least one of the employees works for the IRS division that will administer President Barack Obama’s health-care law, according to a congressional aide who wasn’t authorized to discuss the matter publicly. They accepted $1,100 in free food and other items at the conference in Anaheim, said the aide. [Bloomberg]
The Public Company Accounting Oversight Board today announced a cooperative agreement with the Financial Supervisory Authority of Norway for the oversight of audit work performed by public accounting firms that practice in the two regulators’ respective jurisdictions. “With this agreement, Norway’s FSA and the PCAOB are joining forces to improve audit quality and protect investors,” said PCAOB Chairman James R. Doty. “I am pleased that the PCAOB is continuing to make progress in overcoming the obstacles that have in the past prevented PCAOB inspections in Europe.” [