You can count on only two things in life – death and taxes. Actually, more like two and a half things, because there is also taxes upon death. The estate tax raises revenue by taxing the wealth people leave behind when they die. That’s a good thing. If we could, I would suggest only taxingContinue reading “Why the estate tax is a good thing”
Monthly Archives: September 2006
Chuck Norris audit jokes
Sometimes when you search Technorati blog posts for the term “auditor” you get some interesting results. Highlights from a post on a MySpace blog by a guy who worked on the Enron audit with Arthur Andersen simply titled “Chuck Norris – Auditor“: Chuck Norris does not accrue for expenses. He accrues for pain. Chuck NorrisContinue reading “Chuck Norris audit jokes”
Loading springs and dodging bullets
Two terms, “spring-loading” and “bullet-dodging” have reminded me of the tendency in business to put a positive spin on negative practices. Spring-loading refers to the practice of granting options immediately before releasing good news that will likely increase the stock price, resulting in options that are not in the money technically when granted, but are,Continue reading “Loading springs and dodging bullets”
The UFE in the spotlight
I was referred to a story in the September 10th Toronto Star about the UFE by my girlfriend’s Mom. It’s about time this momentous occasion is chronicled in the most-read daily in the country: Starting Tuesday, more than 650 students will write the professional accounting exam in Toronto — more than 2,500 in Canada. I’llContinue reading “The UFE in the spotlight”
UFE studying winds down
The UFE is next week – beginning September 12 and running for three days. I’ve spent the last four weeks straight writing, marking and debriefing cases, sometimes at home and sometimes at a library downtown with co-workers. But really I’ve been preparing for this exam for the better part of the past year. My firmContinue reading “UFE studying winds down”