FASB Might Take a Breather on Standard Setting After Some People Yelled at Them
I'm sure working at the FASB is harder than I imagine it to be. What I imagine it to be is a bunch of people who like to read about accounting reading a lot about accounting. Then every once in awhile a few people get together to kick around crazy ideas about how to make […]
The PCAOB May or May Not Be Trying to Stir the Pot
Edith Orenstein wondered out loud yesterday on FEI if the PCAOB is returning to its activist agenda of yore. Short of Jim Doty occupying the audit room with a bullhorn and a sign, what exactly does an "activist" PCAOB look like? She writes: Although the PCAOB dropped its proposal for audit firm rotation, the audit […]
Joe the Plumber Will Tackle Tax Reform If Elected to Congress
Samuel Wurzelbacher (aka Joe the Plumber) is running for Congress. Yep! The man who became a hero to uncounted conservative Americans for having a slightly contentious driveway moment with then-candidate Barack Obama wants to represent the citizens of Ohio's 9th Congressional District. Despite his claims to be an outsider, JdaP has a pretty sophisticated campaign going […]