OK, you’re right, the U.S. Treasury Department is not required to file its Blueprint for a Modernized Regulatory Structure with the U.S. Patent and Trademark Office, CPA Island is not a new reality show like CBS’s “Survivor" (although some CPAs may find it an apt metaphor), and Dunder Mifflin CFO David Wallace of NBC’s “The Office,” has not joined Financial Executives International (FEI) (at least, not to our knowledge). This is just a little April Fools humor for our readers, relating to topics we cover the rest of the year in a more serious vein.
We figured, if SEC Chairman Christopher Cox can promote a little April Fools humor, (as reported by the Financial Times last year in, “The SEC’s Prank Press Release,” and “SEC's April Fuhrst Attempts Lighten Regulation") it’s worth a try! Among those quoted in the SEC’s prank press release last year were SEC spokeswoman April Fuhrst, Deputy Chief Economist Anita Moore-Profit, Ass't Chief Information Officer Edgar Philing, Assoc. Deputy Director of the Division of Corporation Finance Rita Tennkae, and my personal favorite, Ass't Deputy Director of the Enforcement Division Sue Offen. In honor of April Fools, you may want to check out some of the “Top 100 April Fools Day Hoaxes of All Time,” published by the Museum of Hoaxes. See, e.g., #4, “Taco Liberty Bell,” and #67, “Y2K Solved.”
On a more serious note regarding the topics listed in our subject line above, continue here.