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The 2012 Elections: What Do They Mean for Accountants?—NYT, WSJ, FT, Private Equity, Accounting Today, CPA Trendlines, Reason

Media Vary on Whether Election Increases or Decreases  Uncertainty;  Concur It's Good for Business A number of media outlets have begun to weigh in on the topic. At Accounting Today, the editors have put together a topical list of some of the relevant issues: ...

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CBO: Taxes and Spending Cuts Will Likely Send U.S. Into Recession

The U.S. likely will fall back into recession if scheduled spending cuts take effect and Bush-era tax cuts are allowed to expire this year, the Congressional Budget Office said. If the U.S. falls off this "fiscal cliff," the economy will probably contract 1.3% in the first half of 2013, the CBO said.  CNN Financial Times / Alphaville New York Times NPR Reuters USA Today Wall Street Journal Yahoo! Finance ...

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Black-Scholes: The Math Formula Linked to the Financial Crash. –BBC

This piece really has no new information in it, so if you're looking for that, you can stop reading here. Instead, it's for Anglophiles.  Observers of British culture.   The BBC recently posted rather prominently a piece pondering the tragedy of the human condition wistfully, as it so often does.   Well, that's not quite what the article was about.  Actually, it's rather hard to tell what the article is abo ...

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“Regulations Pushing Up Financial Firms Costs” Finds Study. Burden: “60 Rule Changes Every Working Day” –Financial Times

In an article titled "Regulation 'Pushing Up Financial Firms' Costs" The Financial Times' chief regulation correspondent Brooke Masters  reports that extraterritorial regulations, rules that affect businesses outside the country that enacts them, are pushing up costs and driving banks, insurers and asset managers away from particular markets, a survey of global financial firms has found.   More than half th ...

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