Please ensure Javascript is enabled for purposes of website accessibility

Preliminary Analytics | 11.30.09

rich rod.jpgMichigan Coach Rodriguez and the Tax Man – UM is paying $2.5 million of Rich Rod’s buyout obligation. The IRS might want to call that income. [TaxProf Blog]
Why Accounting Matters – It matter. Why else would so many people (read: government bureaucracies) covet the oversight of it? [FEI Financial Reporting Blog]
Suing Audit Firms re: Madoff: The Iguana In The Room – “Issues of control and the issues of the ‘agency’ relationship between the auditors’ international umbrella ‘coordinating’ firms and their member firms figure prominently in the Madoff feeder funds filings that include the international firms as defendants.” [Re: The Auditors]
Jr Deputy Accountant Interviewed by Liberty Pulse’s the Pulse – Topics include Tim Geithner’s uncanny resemblance to Beavis. [JDA]
Buyers Take a Pass on Some Failed Banks – Banks that seemingly have leprosy. [WSJ]