Review Comments | 07.17.09

• 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]

• Why Are We Working Late? – Leave your terrible excuses in the comments. Shake Shack or In ‘n’ Out better be involved. [The Onion]
• New Revenue-Recognition Rules: the Apple of Apple’s Eye? – Revenue recognition for iPhones. If you want the geek Steve Jobs fanboy version, that tries miserably to make fun of accounting, go here. [CFO]
• Where can you curse at your boss and not get fired? In another country: Spain – If you’ve tried and failed Stateside, leave the transcript in the comments. [NYDN]
• ACL Services Releases AuditExchange 2.0 – Don’t say we never tell you about anything useful. [it.tmcnet]
• Cuomo subpoenas 5 Bank of America directors – Someone make this thing stop. If we force Ken Lewis and John Thain to go toe to toe in a KY wrestling match, will everyone let it go? [Reuters]
• Citi to pay back U.S. when recovery more evident – But we could. We just don’t want to. Timing is everything, you know. [Reuters]