Beware the off-balance sheet return – [FT.com]
Confusion threat to global fair value – [Accountancy Age]
What Caused Our Burnout? – Google Reader for us [The Onion]
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Review Comments | 10.28.09
- Caleb Newquist
- October 29, 2009
• Auditing Firms Should Pay Closer Attention to Spreadsheets – That’s according to a person who is no an auditor. [Web CPA]
• McKinsey Begins Internal Probe in Galleon Case – According to McK, this their first problemo with securities law violations. Traditions are meant to broken anyway. [WSJ]
• House Plans to Roll Out Its Health Care Bill on Thursday – Please end this. [Prescriptions/NYT]
• Picard says $21.2bn lost in Madoff schem – That’s not so bad. [FT]
• Sam Zell: ‘With some reasonable luck,’ Tribune Co. will exit bankruptcy in early 2010 – We’re disappointed, Sam. [CT]
• CIT Takes $4.5 Billion Loan, Shunning Icahn Offer – CIT “wasn’t confident in the solidity of Mr. Icahn’s proffering”. [DealBook]
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Review Comments | 11.04.09
- Caleb Newquist
- November 5, 2009
• S.E.C. Likely to Charge More People in Galleon Case – Judge Rakoff wants the names by December 15th. Trial set for August 2, 2010. The legal system easily outpaces anything related to accounting rules. [DealBook]
• Warren Buffett: Tax Hypocrite? – The man is nothing if not thrifty. [TaxProf Blog]
• Breaking: Jones v. Minkin Dismissed!!! (Plaintiff voluntarily dismisses lawsuit against ATL.) [ATL]
• Investor Groups Stump for FASB Independence – FASB defenders. Yes, they exist. [Compliance Week]
• FASB Oversight Subject of Congressional Interest – Who knew so many people were interested in accounting rule-making? [FEI Financial Reporting Blog]
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Review Comments | 06.22.09
- Caleb Newquist
- June 23, 2009
The Public Is Losing Confidence That Stimulus Will Help Economy – Shoots/Shmoots [Clusterstock]
Google is evil – Or simply incorrect [Paul Krugman/NYT]
Beach reading: Chesapeake’s annual meeting transcript – Not the whole thing, obv. We wouldn’t do that to you. [footnoted.org]