The Fire Ant Gazette - A Midland, Texas Blog

New Contest
Category: Blogathon...
Posted Saturday, July 29, 2006 at 04:18 PM [GMT-6]

OK, let's try something entirely new and different. For a bag of Fire Ant Eggs, identify the source of the following quote (filling in the blank isn't sufficient, by the way):

This __________ establishes standards of financial accounting and reporting for research and development costs with the objectives of reducing the number of alternative accounting and reporting practices presently followed and providing useful financial information about research and development costs.

This contest is open to anyone, anywhere (within the boundaries of the continental US, due to customs issues with the exportation of the prize ;-).

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Comments

It's the Cure for Insomnia (TM)

No, wait! I can't be sure of the exact title, but I bet it has the words "Sarbanes-Oxley" somewhere in it.

Posted by: Denise at July 29, 2006 04:38 PM

Oh, good guess, Denise! But, sadly, WRONG. In fact, it has nothing to do with SOX.

Posted by: Eric at July 29, 2006 04:40 PM

sounds like something from one of your MLB's many review courses.

Posted by: sound guy at July 29, 2006 04:51 PM

Oooh! Oooh! I just signed back on, but I know not which Financial Accounting Standards Board pronouncement this is...off to check my sources (all of which are at the office...if my boss finds out I'm doing actg research using Google, I'm fired ;-).

Posted by: Gwynne at July 29, 2006 05:05 PM

FASB Stmt #2!

Posted by: Gwynne at July 29, 2006 05:07 PM

You da CPA! Woot! ;-)

Posted by: Eric at July 29, 2006 05:15 PM

*sniff* *sniff* What's that I smell? A setup? *sniff* Yes, definitely. A setup.

Posted by: beth at July 29, 2006 05:21 PM

Woot, indeed!! I win! I win! And the coveted Fire Ant Eggs at that! Doing a happy, happy dance! ;-) Thank you!!

Posted by: Gwynne at July 29, 2006 05:23 PM

Beth, it's called "Sucking Up To Major Donors." All the best fundraisers do it! ;-)

Besides, she'd have killed me if I'd given those things away to somebody else. And I'm too young to die.

So, congrats, Gwynne...I knew you could do it! ;-)

Posted by: Eric at July 29, 2006 05:25 PM

I'm just glad I signed back on early enough to edge out those with better googling skills than I possess. ;-) I may share Beth. We'll see.

Posted by: Gwynne at July 29, 2006 05:32 PM

Gwynne's right; I think anyone could have googled up the answer...and I thought there was a chance that might happen.

I guess it was just meant to be.

But I wouldn't count on her sharing, Beth. ;-)

Posted by: Eric at July 29, 2006 05:50 PM

Well...I suppose someone could've googled it faster - so alright. :) No worries on sharing, I'm not sure that Fire Ant Eggs are really up my alley.

Posted by: beth at July 29, 2006 07:03 PM

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