FASB on Intangible Impairment Testing: Just Eyeball It
All those carrying value versus fair value exercises? Yeah, the nerds in Norwalk say you can skip those, unless – and I'm stealing this example from Compliance Week – you've got a new Coke situation on your hands: The Financial Accounting Standards Board (FASB) today issued Accounting Standards Update No. 2012-02, Intangibles–Goodwill and Other (Topic 350): […]
Tax Accountant, Who Had the Audacity to Be Away From His Desk, Spots Endangered Fish
Apparently Rick Beletti, takes a "daily stroll" and spotted an Atlantic sturgeon, which is a big deal, I guess. His employer would do well to chain him to his desk so that he can maybe he could get some work done instead of dreaming about becoming Bill Dance. [WCVB]
Report: Grover Norquist Admits to Being Hot for Taxes
America's Finest News Source has the photos that led to a press conference earlier today. In three particularly salacious shots taken one night during last summer's debt-ceiling standoff, the powerful conservative lobbyist can clearly be seen smiling while doing his taxes in a chair, on top of his desk, and in the hallway against a […]