A dear colleague found this on YouTube the other day — an actual FAS 159 rap. For those of you who aren’t accounting geeks, FAS 159 is the fair-value option that was the foundation for the mark-to-market brouhaha we’ve been forced to hear about for about the past 12 months.
You know you wish *your* accounting assignments were like this
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U.S. Treasury’s financial crimes network warns of elder exploitation
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