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Accounting Blogwire

updated at 00:58

  • NYSBA Releases Tax Reports

    TaxProf Blog

    The New York State Bar Association Tax Section has issued tax reports on: Temporary Suspension of AHYDO Rules Under § 163(e)(5)(F)(i) (No. 1196) Announcement 2008-115 on FIRPTA Treatment of Rights Granted by a Governmental Unit (No. 1195) Reports on Transactions with Foreign Financial Agencies (FBARs) (No. 1194) Nonqualified Deferred Compensation... [...]
    Posted: November 29, 2009, 12:13am EST
    by Paul Caron
  • Dubai: what's ahead?

    Sox First

    The Economist has a good take on how Dubai's creditors were taken in and fooled. The Economist writes: "Dubai’s debts are heavy, amounting to about $80 billion including the government and the conglomerates it controls. Investors had half-expected Dubai World to seek forbearance from its bankers, asking them to extend" [...]
    Posted: November 28, 2009, 10:18pm EST
  • New Bank Accounting

    Skeptical CPA

    Number of comments: 1
    "Banks are moving quickly to restructure commercial mortgages under new US guidelines that are more forgiving of battered property values and can help banks avoid bigger losses. ... The moves could help the banks absorb fewer losses on troubled real-estate loans and preserve capital. ... Matthew Anderson, partner at research" [...]
    Posted: November 28, 2009, 7:24pm EST
    by Independent Accountant
  • What Fed Independence?

    Skeptical CPA

    Number of comments: 4
    "The [Fed] in coming years will probably become highly politicized and thus lose its quasi-independent status. This is because of past shortcomings in its policies and, more importantly, of difficult decisions that face it in the year just ahead. ... While Fed governors serve a 14-year term, most of them" [...]
    Posted: November 28, 2009, 10:59am EST
    by Independent Accountant
  • The shrinking movie release window and blockbusters

    Sox First

    The movie world is a fascinating industry to watch. It's developing and changing all the time, in unexpected ways.Cable and satellite television are now supplying more channels to more people across the world with more than half of all pay-television subscribers now live in the Asia-Pacific region. And every minute,' [...]
    Posted: November 28, 2009, 2:34am EST
  • Artists and capitalism

    Sox First

    For the most part, you wouldn't think that artists would have much to like about capitalism. But a new paper, Art and Money suggests that artists can make big bucks out of capitalism.The researchers, William N. Goetzmann from Yale School of Management, Luc Renneboog and Christophe Spaenjers, both from Tilburg' [...]
    Posted: November 28, 2009, 2:01am EST

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