• JDA rolls in with >75 tomorrow so if you’ve got any questions on the CPA Exam, send them to our tips mailbox.
• International Accounting Standards Board has “disgraced itself,” says critic – Can you say that about a knight? [CFOZone]
• Its Future in Limbo, the PCAOB Asks for More Money – Gotta pay those board members. [CFO]
• Hairy Issues: Are You Flaunting Your Heavage? – The Journal does it again. [DB]
• Judge ends Enron shareholder lawsuit against banks – Eight years after the E went down, investors have recovered approximately 30 cents on the dollar. [Reuters]
• Tax Court Allows Nurse to Deduct Cost of University of Phoenix MBA – ‘An MBA degree is different from a degree that serves as foundational qualification to attain a professional license. For instance, this Court had denied deductions for law school expenses, because a law degree qualifies a taxpayer for the new trade or business of being a lawyer.’ [TaxProf Blog]
Related Posts
Review Comments | 07.01.09
•No Evidence Found to Charge Ruth Madoff – The aggression will obviously continue. [WSJ]
•Consumer Interest ‘Huge’ in Clunker Plan, LaHood Says – Call us party poopers but it seems like manufactured consumption. [Bloomberg]
•Pimco: Consumer “greed” hibernating, fear rules – Greed will be good again. Don’t you worry. [Reuters]
Review Comments | 12.11.09
• House Passes Sweeping Financial Oversight Bill – “The package of regulatory changes would give regulators broad new authority to identify and respond to systemic risks, break up or wind down the riskiest firms, and crack down on abusive lending practices.” Or something like that. [WSJ]
• Blowing 0.09 Might Cost You Your License, but Maybe Not Your Casualty Loss – Something to keep in mind next time you’re considering getting behind the wheel after crushing some High Life (which we absolutely, 100%, do not condone). [Tax Update Blog]
• Tomkinson named managing partner of Grant Thornton LLP’s Southfield office – [GT Press Release]
• Apollo Group, Inc. Expands Board of Directors – They’re making room for Sam DiPiazza, former P. Dubs global chief. [Forbes/Press Release]
• Top Six Tips for Getting in the Door at BDO Seidman – Jay Duke of the BDO Dallas office gives you the lowdown. [FINS]
• Peter R. Scanlon, Who Led Coopers When Big 8 Ruled Auditing, Is Dead at 78 – “In the late 1980s, under Mr. Scanlon, Coopers & Lybrand often drew criticism for shunning the merger mania that engulfed the accounting profession.” [NYT]
• Obama wishes Jews happy Hanukkah – Ditto goes for us: Happy Hanukkah! [AFP]
Review Comments | 09.14.09
• On Wall St., Obama Pushes Stricter Finance Rules – Nothing like getting lectured in your own bank yard. [NYT]
• Judge Rejects SEC-BofA Settlement Over Merrill – “The AG’s office has also questioned whether Bank of America failed to tell shareholders about its consideration of backing out of the deal and mounting write-downs at one of Merrill’s mortgage lending subsidiaries.” He might be calling Ken Lewis a liar, we’re not sure. [NPR]
• Tax evaders rush to beat amnesty deadline – September 23rd bitches. Repent! [Reuters]
• Update: Do NOT Bid On Lenny Dykstra’s Balls – Fans of Nails, proceed cautiously. [DB]