Subscribe to Updates in Accounting & Financial Analysis

RSS By Email

RSS By RSS

Add to Google Reader or Homepage

Subscribe in Bloglines


The Expertise Imperative and Compliance Technology
Access to a diverse array of specialized expert inputs drives superior decisions in every organizational context: within corporations, by investors and consultancies, and within nonprofits. When decision makers are confident of their decision inputs, they can respond more quickly and creatively to challenges and opportunities.




This page may include content provided by Council Members, your access to which is subject to the Terms of Use.
Find Out More

David Keller

Former Chief Financial Officer
Technical Olympic USA Inc.
Member of the Accounting Council

David J. Keller most recently served as the Chief Financial Officer and Treasurer at Technical Olympic, a NYSE national homebuilding company. Prior to this, Mr. Keller served as the Chief Financial Officer at Citifinancial, a subsidiary of Citigroup. Previously, he served as the Chief Financial Officer and Treasurer at D.R. Horton, a NYSE national homebuilding company. Mr. Keller has over 36 years of accounting and finance experience across many industries including real estate, financial services, and manufacturing. He spent the first 21 years of his career with Ernst & Young, serving as an audit partner. (This is me - Update Profile)


Employment History
2004 - 2006 Chief Financial Officer
Technical Olympic USA Inc.
1999 - 2003 Chief Financial Officer
Citifinancial Credit Company
1991 - 1999 Chief Financial Officer and Treasurer
D.R. Horton, Inc.
1970 - 1991 Partner
Ernst & Young.

GLG NewsSM Analyses by David Keller(?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
Continued Housing Difficulties | 05-14-2008
Analysis of: The Housing Crisis is Over | online.wsj.com
Author: David Keller, Former Chief Financial Officer, Technical Olympic USA Inc.

The housing bust is not over and trends continue to be negative.  The only positive activity is that homebuilding stocks have gone up, without a good reason.  We still have a ways to go to work through all this.

Direct Expensing of Interest by Homebuilders | 05-06-2008
Analysis of: Hidden Mortgage Risks Abound in U.S. Home Market | www.bloomberg.com
Author: David Keller, Former Chief Financial Officer, Technical Olympic USA Inc.

Not capitalizing interest in inventory causes acceleration of losses and deterioration of book value.

ARE HOMEBUILDING STOCK PRICE INCREASES PREMATURE? | 04-24-2008
Author: David Keller, Former Chief Financial Officer, Technical Olympic USA Inc.

Recently, stock prices of most public homebuilders have increased 20-30 percent.  This despite no visible signs of improvement in the overall housing industry.  It seems early in the cycle for these stock price upward movements, as it appears the housing market has not yet found bottom. ...

IMPAIRMENT REVERSALS – IMPACT ON COST OF GOODS SOLD | 04-24-2008
Author: David Keller, Former Chief Financial Officer, Technical Olympic USA Inc.

Homebuilders have recorded large inventory impairments over the last couple of years.  Most of these impairments have been for land and lots.  As these previously impaired lots are built on and a completed home is delivered, the land component as a percentage of Cost of Goods Sold may decline...

View All GLG News SM Analyses by David Keller

GLG InstituteSM Seminars with David Keller(?)

 
David Keller has not participated in any GLGi Seminars.
View all GLG InstituteSM Seminars in Accounting & Financial Analysis

Request a project with David Keller








GLG's 750+ Clients Include:

40 of the leading 50
global mutual funds
15 of the leading 20
global banks
8 of the leading 10
private equity firms
90%+ client subscription renewal rate

Analytics