• KPMG Lists Top 10 Priorities for Audit Committees – Fire Grant Thornton and hire KPMG? [Web CPA]
• Kumar Pleads Guilty in Galleon Case – Anil Kumar says he got $1.75 million for his inside dish from Raj. [WSJ]
• FASB Finalizes Changes on Consolidation, Equity – Subtopic 810-10 updates FAS 160, Noncontrolling Interests in…oh to hell with it. [Compliance Week]
• Cell Phones are Good for Your Brain – Gab away. [The Atlantic]
Related Posts
Review Comments | 12.01.09
• Several blogs mentioned here are nominated for ABA Journal’s Top 100: TaxProf Blog (Legal Theory), Tax Girl (Practice), and our sister site Above the Law (News). You can view all the nominees ABA Journal but kindly vote for these. They’re good people. [ABA Journal]
• Recommended Reading for Accountants in a Job Search – Courtesy of Lou Grabowsky, GT’s soon-to-be COO. [FINS]
• Most asked questions of 2009 reveal our financial psyche – No, “Where’s my raise?” was not among them. [CFOZone]
• Daszkal Bolton Merges in Chaves & Armstrong – Marriage was effective today. Send them a red pencil. [Web CPA]
• The Donor Bill of Rights – Looking for some last minute charitable contributions? Consider these first. [Nonprofit GPS]
• AIG Uses Accounting Gimmick To Reduce Money It Owes Taxpayers By $25 Billion – Try to act surprised. [Clusterstock]
Review Comments | 10.06.09
• Are Most CEOs ‘Wusses’? – Discuss your favorite. [WSJ]
• Panzner on Goldman Sachs’ “Smart” Money – Thanks to the folks over Goldman Sachs 666 for the plug on AG’s two-part interview of Michael Panzner [Goldman Sachs 666]
• Coke in US family doctors alliance – Since it’s the soft drink they’re talking about it’s even weirder. [FT]
• FASB Gets Practical on a Fair Value Problem – “FASB’s Accounting Standards Update 2009-12 amends ASC 820-10 Fair Value Measurements and Disclosures to clear up uncertainty about how to measure fair value of investments in certain entities that calculate net asset value per share. The guidance is intended to shore up diversity in how investors estimate the fair value of alternative investments such as hedge funds, private equity and venture capital funds, real estate funds, offshore fund vehicles, and funds of funds.” [Compliance Week]
Review Comments | 08.03.09
• Ruth Madoff Can’t Spend $100 Without Telling Trustee – Don’t forget to call before buying that Metrocard Ruthie. [Bloomberg]
• Investor Ross: ‘Washington Is The New Wall Street’ – Blasphemy. [NPR]
• BofA settles Merrill bonus case with SEC for $33 million – Classic case of not admitting or denying charges, just throwing money at the problem. End of story. [Reuters]
• A.I.G. Appoints a New Chief Executive – The self-loathing is contagious today. [DealBook]
• Antidepressant Use in U.S. Doubled Over Decade to 10% in 2005 – Depressing news. Where the hell is our Prozac? [Bloomberg]