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Footnotes: Thomson Reuters Chillin With EY; LOL IRS Vendors Owe Taxes; BKD’s Fraud Problem With the FDIC | 12.17.13

Posted on by Adrienne Gonzalez

Thomson Reuters is selling part of themselves off to EY, this is cozy and cool we guess [PR]

NSA’s indiscriminate spying ‘collapsing,’ Snowden says in open letter RIO DE JANEIRO — National Security Agency leaker Edward Snowden wrote in a lengthy “open letter to the people of Brazil” that he has been inspired by the global debate ignited by his release of thousands of documents, and that the NSA’s culture of indiscriminate global espionage “is collapsing.” [WaPo]

We might not have posted this before but Another71 did a free CPA exam survival guide you should probably check out if, you know, you're trying to survive the CPA exam, it's Adrienne approved and you can trust me because I come from CPA review (or something) [A71]

LOL, the IRS works with vendors that owe major back taxes? [Boston Herald]

DC raises its minimum wage. Lucky me, it's less than I make working for this website (not by much). DO YOU EVEN KNOW HOW EXPENSIVE DC IS, BRO? [MSNBC]

Arkansas, actually, but close enough. Also, oh shit.

Three clowns got busted in a stupid ass mortgage scheme [Chicago Tribune]

 

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Forget Zimbabwe, U.S. Tax System Ranks At Bottom, Just Better Than Portugal [Forbes] AICPA Urges […]

Moody’s Calls Out the USD Haters

USD.jpgRussia and China can suck it re: the U.S. Dollar, according to Moody’s, “In the absence of a credible alternative it’s hard to see abrupt changes and that’s not even in the interest of the creditors,” Pierre Cailleteau, managing director of sovereign risk at Moody’s, said in an interview in Tokyo yesterday. The credit rating “remains solid,” he said earlier at a briefing.”
Do you like apples?

Moody’s Says World Has ‘No Credible Alternative’ to U.S. Dollar [Bloomberg]

You’d Think that Once You’re Knighted You Wouldn’t Get Hassled by Non-Knights

Thumbnail image for Thumbnail image for tweedie.jpgDoes there happen to be a law in the EU that says that if you’re not a knight you have to keep your piehole shut when it comes to accounting rules? Because if there isn’t, there needs to be. We may give Sir David Tweedie a hard time here (mostly because we’re jealous of the prefix) but we hardly think that he needs pressure from anyone on double-entry accounting.


Despite the knighted one keeping his promises, Eddy Wymeersch, chairman of the Committee of European Securities Regulators (CESR) has made it known that the IASB isn’t floating his boat and he would like to go back to the bureaucratic drawing board.
Reuters:

Wymeersch questioned whether there was adequate accountability at the IASB, a London-based body that has already made several changes to its governance, such as setting up a new monitoring group.
“I can remind you the CESR thought it should be in the monitoring group but that did not take place. In my view, this has to be drawn up again and start from scratch,” he said.

Please, non-knight Eddy Wymeersch, remind us that you suggested that you should be allowed to stick your beak into the IASB’s business. We have trouble remembering that politicians all across the blue marble so desperately want to be involved in the oversight of accounting rules.
EU regulator calls for accounting overhaul [Reuters]