Accounting News Roundup: IFRS Can Overcome; Will the Payroll ...

Volkswagen group net profit rose to ?11.38 billion ($14.8 billion) from ?7.14 billion in the same quarter last year, strongly boosted by gains from the complex deal that made Porsche one of VW's 12 brands. Global sales rose 27 percent to ?48.84 billion.?Analysts at Sanford C. Bernstein have said the non-cash gain from the complex Porsche deal would be around ?7 billion in the quarter, citing guidance from company officials. It involves re-valuing options and how the Porsche stake is accounted for on Volkswagen's books.?Operating earnings ? excluding financial items such as interest and taxes, as well as the effects of the merger ? fell 19 percent to ?2.34 billion from ?2.89 billion.

Become "Rich" Simply by Saying "I Do" [Tax Foundation]
Worst marriage advice ever.

The Art of Calling In Sick?Or Not [WSJ]
Staying in bed poses a risk of falling behind or being seen as a slacker. But showing up sick, and grossing out or infecting colleagues, can be worse, and a growing number of employers are setting policies to discourage it.?"People get really, really ticked off at co-workers spreading germs in the workplace. There's nothing worse than being Typhoid Mary," says Annie Stevens, a managing partner at ClearRock, a Boston leadership-development and career-transition consultant.

Dog Poo Predicts Presidential Win [HP]
Jim Coniglione is the owner of Scoopy Doo, a dog poop collection service in Long Island, N.Y., and he predicts a win for Romney for a very peculiar reason: The majority of dog poop he's picking up looks like the former Massachusetts governor.?"I think it's because of the economy. People are giving their dogs cheaper dog food and the dogs are producing more 'product,' and that looks more like Romney," Coniglione told The Huffington Post.

Source: http://goingconcern.com/post/accounting-news-roundup-ifrs-can-overcome-will-payroll-tax-come-back-dead-keep-your-sickness

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