Happy Friday the 13th! Here’s some of what happened this week in the money:

Robert Willens at CFO.com brought attention to the substantial limitations on the amount of Net Operating Losses (NOLs) that can be transferred to a new owner. Willens says the IRS is being very clear to prevent companies buying loss companies for the tax benefits of the losses.
Slacker Manager’s Phil Gerbyshak proposes a new way to cap CEO compensation.
Dean Takahashi at VentureBeat.com took the pulse of venture capitalists and found out where they’re still investing.
Miki Saxon at Leadership Turn wonders if our current situation will usher a new …read more

Here’s a smattering of what was going on in the world of money matters this week:

Donna at Bean Counter Magic wrote about Charlotte, NC’s new ‘license to rent’ proposal. A quick search revealed that other cities require this as well. Donna’s post goes further into what her city could potentially require of landlords. This is probably going to be an important issue as new investors enter the rental real estate market to scoop up good deals and provide rentals for those who have lost their homes to foreclosure.
Rick at CPA Trendlines gave us …read more

Is there ever NOT a good time to talk about money? Here’s a bit of what was said this week: 

Miranda from Yielding Wealth tipped us off to TIPS. Check out this investment option for uncertain times.
Profsilver at Talk Stock Trading explained a new proposed plan for Bad Bank assets.
Tracy Coenen at The Fraud Files commented on the farce of a recent PCAOB article that advised auditors to focus on the CFO.
Francine McKenna at re: The Auditors gave us the inside scoop on EY’s myriad troubles.
Mark Feffer at Jobs in the Money reminded us that even if we have no direct reports, …read more

Lot’s of thought provoking reads this week:

Politico reports on the story of the week: Geithner’s tax oops. I’m so curious what you all think. It’s hard to have an opinion about this one without knowing the whole story. A lot of people have trouble with the IRS, but then again, a lot of people go to a lot of trouble NOT to have trouble with the IRS.
Darlene at Interview Chatter gives us the heads up on accounting jobs at the FBI. I love forensic accounting, but I’m pretty sure I couldn’t pass the keep-your-mouth-shut requirements of working for the government!
Jean …read more

There are some interesting reads for accounting lovers this week! By the way – Happy World Accountancy Week (December 7-14). Did you know we had our own week? Me neither. Celebrate anyway! World Accountancy Week calls for green martinis, don’t you think?

Here’s a great story about a UK trash collector who found an estimated £10,000 in shredded £10 and £20 notes in the trash. has been told he can claim the cash – if he can piece the bits back together. The police have confirmed that no one has claimed the money, so he’s free to turn the …read more

There’s plenty to read this week. And would you believe people were actually thinking about something other than retail? Black Friday and Cyber Monday played heavily in the headlines this week, but that wasn’t all.
Here are a few accounting related tidbits I found:

Big 4 Life makes some great points in this post about new hire salary negotiations. Never underestimate the power of those first impressions!
Miranda Marquit at Yielding Wealth gives us the basics on VAT – or Value Added Tax. What’s that? It just may be the future of governmental revenue generation in the US. 
Rick at CPA Trendlines …read more

Because you just can’t get enough! Here are this week’s worthy accounting reads:

Sarah Johnson and David McCann at CFO.com posted an informative piece on the SEC’s plans for US company migration to International Financial Reporting Standards (IFRS).
Gothamist reports on the sketchy accounting NYU uses to report crime statistics on campus.
GAAP Web calls Lehman’s bankruptcy administration ten times worse than Enron. The number of financial positions involved, over 400 trade creditors, and differences between US and UK bankruptcy laws contribute to the complexity. PwC has been named as …read more

Craving more accounting news and knowledge? Spend a little time with these worthy reads!

Taxes have gotten a lot of press lately. If you’re still confused about how our progressive system works, maybe you just need a beer. Grab one and read this classic tale provided by Chad at Periodic Ramblings of a CPA.
The Wandering Tax Pro gives us a blow-by-blow of exactly what happens if you decide not to file your tax return!
Jack Ciesielski at The Accounting Observer wonders who will take over at the SEC?
Tom Sadowski, at the governmental accounting AGA Weblog challenges us to think about how each …read more

Every week I’ll be posting my favorite money reads of the week. Please send me the good stuff I missed.
Enjoy!

Miranda at Yielding Wealth has an interesting post about family finance choices in the new economy.
Proof that we’re all in the same boat (or sinking ship if you’re a pessimist) – German bank failure could spell disaster for Wisconsin school districts.
Yay! We have a new acronym – TARP. Time to get up to speed on the Troubled Asset Relief Program (aka the bankers’ slice of the $700 …read more