“U.S. GAAP is founded upon principles, that’s what the P is supposed to stand for.” – SEC Chief Accountant James Kroeker arguing at a Pace University IFRS discussion that GAAP is just as principles-based as IFRS.
Related Posts
Deloitte Australia COO Begs Partners to Stay Billable
“Please, please, please partners. Bill now. We need another billing month like March if we […]
Charlie Rangel Is Perfectly Aware of the Allegations
“I’m in the kitchen and I’m not walking out.”
~ The 80-year old Congressman would prefer you to bring it.
Why Would Someone Want to Buy a Sports Franchise?
“Because of the way the value of sports franchises generally appreciates each year in the marketplace, each owner is in it for the holy grail, and that is to sell the team eventually when they realize very nice capital gains.”
~ Brian Beerman of Beerman, Piper & Associates LLP insists that championships are NBD.