“Even in Washington, where we throw around trillions of dollars as if they were Hershey’s Kisses at Halloween, these numbers take your breath away.”
~ Howard Gleckman, editor of TaxVox, on the numbers in President Obama’s 2011 budget.
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“This is a logical process. But it is slow.”
~ Thomas Jones, Director of the Center for the Study of International Accounting Standards at Pace University and former vice chairman of the IASB, on the SEC’s announcement that it’s sorta on board with the move to IFRS.
And If Only American Apparel Hadn’t Burned Through All That Cash, They Could Have Made Bigger Campaign Contributions
“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.
CPAs No Longer Have to Be CFOs When They Grow Up
“The Street doesn’t care about accounting functions any longer. They don’t get into the nitty-gritty […]