New York CPAs Object to Auditor Reporting Proposal [AT]
Re-Writing the Auditor's Report — The Financial Reporting Council Swings a Two-Edged Editorial Sword It has forever been a mystery why financial statement users have tolerated a reporting and assurance model, the scope of which is designed “to give reasonable assurance that the financial statements are free from material misstatement…”, without a clue from either issuers or auditors as to the magnitude or contours of the term “material.” [Re:Balance]
G8 isn't going for a "naming and shaming" as a method of discouraging tax avoidance. [DMWT]
Woman charged in 2nd buttocks-enhancement death [AP]
GAO Partly Blames Accounting Rules for Community Bank Failures [AT]
An accountant in the Bronx admitted to falsifing 100 or so tax returns. [NBC]
Delaware’s $97.5 Million Pot Hole If you're like me then for a split-second you thought this story was about marijuana. [TF]
Wendy's Customer Loses His Shit After Finding Cheese on His Hamburger [Gawker]