“It is an important step towards a single global principle-based standard that would make it absolutely clear when revenue is recognised-and why.”
~ Sir David Tweedie is pretty happy with how the converged revenue recognition standard turned out.
Related Posts
Wanted: Big Brothers, Big Sisters for Accountants
- Caleb Newquist
- November 3, 2010
One of the main reasons [for dissatisfaction] is a lack of role models. Half of female respondents said there aren’t enough women at the top to look up to in top management, while only a third of men complained that there aren’t enough males. On the topic of mentors, however, both sexes feel there aren’t enough of them. More than two thirds of both genders said they haven’t had or currently do not have a mentor to support their career. [FINS]
And If Only American Apparel Hadn’t Burned Through All That Cash, They Could Have Made Bigger Campaign Contributions
- Caleb Newquist
- August 19, 2010
“If it weren’t for the immigration bust by the Obama administration, the company would have been OK this year.”
~ “[A] source close to American Apparel” quoted in the Post obviously isn’t familiar with the company’s debt position.
A Freakishly Good Memory Isn’t Necessary to Succeed in Public Accounting
- Caleb Newquist
- May 25, 2010
“I know that some people might not have the same kind of memory that I have, but if you have enough passion about wanting to help people and you’re willing to work hard, you’ll go very far in the world of public accounting.”
~ Steven M. Braunstein, President of Snyder Cohn