Dr. Robert McCabe Ph.D., CPA, CFE
Partner, McCabe & Associates, PhDs
Member of the Accounting Council
Council Member Biography
Robert McCabe, PhD, CPA, CFF, CFE, is a Partner in McCabe & Associates PhDs, a Colorado based forensic accounting firm that specializes in litigation support and financial statement analysis. Dr. McCabe specializes in SEC accounting and disclosure issues with a concentration in performing "Red Flag Reviews" for GLG. He has over 35 years of accounting and finance experience across various industries. Dr. McCabe is a nationally recognized author and consultant. The firm's expertise encompasses many industries including manufacturing, retail, high tech, pharmaceuticals, cable TV, auto parts, network infrastructure, ecommerce, gaming, building materials, trucking, electronic payments and services, solar and frozen foods. His litigation experience includes cases involving financial statement fraud, patent and copyright infringement, lost income, complex transactions, GAAP and auditing standards. He is a Certified Public Accountant, Certified Fraud Examiner and Certified in Financial Forensics. (This is me - Update Profile)
Employment History
- 2001 - Unspecified
- Partner, McCabe & Associates, PhDs
- 2001 - Unspecified
- Managing Partner, McCabe & Associates, PhDs
- 2000 - 2001
- Partner, MCKAY & CARNAHAN INC
- 1990 - 2005
- Professor, California State University, Fullerton
- 1990 - 2005
- Professor of Accounting , CALIFORNIA STATE UNIVERSITY, FULLERTON
- 1982 - 1999
- Partner, MCCABE & ASSOCIATES INC
GLG NewsSM Analyses by Robert McCabe(?)
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
-
October 3, 2008
Alls Fair: The Crisis and Fair-Value Accounting | www.cfo.com
Why does the SEC not enforce the rule against "naked short selling?"
-
Is “Fair-Value” Really that Dangerous?
September 10, 2008
Fair-Value Revolution: Historical cost accounting is fading as Corporate America marches into a new era. | www.cfo.com
The article makes several claims that need a response. First, it declares the principal question that accounting tries to answer is “What is a company really worth?” Second, it states that fair value played a role in the recent “economic meltdown,” because the fair value rules forced “banks to sell their securities in plummeting markets.” Third, it states that historical cost reporting “enabled companies to work their way out of trouble,” by waiting until the market turned around. Fourth, the case is made for fair value measures being unreliable. Finally, it’s noted that International Financial Reporting Standards (IFRS) favor greater use of fair value.
-
Could something be clearly worth zero?
April 28, 2008
SEC's Atkins Calls for Fair-Value Guidance | www.cfo.com
How can an SEC Commissioner who is obviously not familiar with Fair Value estimates call for changing the existing guidance? The value of something is zero if that is what you can buy and sell it for.
-
Why do bankers oppose the use of fair value?
April 23, 2008
Bankers: Fair Value Is Like Throwing Gasoline on a Fire | www.cfo.com
Claiming a "mixed attribute" accounting model provides a better picture of a company's business and earnings engine, bank trade groups blast full fair value. The bank trade groups argue that periodic updating to fair value would lessen the predictive value of future cash flows. They also argue that “a mixed measurement model is essential for the faithful representation of an entity’s business model and how it generates earnings.”
-
Should Sovereign-wealth funds be regulated?
February 19, 2008
The invasion of the sovereign-wealth funds: The biggest worry about rich Arab and Asian states buying up Wall Street is the potential backlash. | www.economist.com
Is the fear of sovereign-wealth funds justified? Are sovereign funds being used for nefarious objectives? Can the U.S. Securities & Exchange Commission regulate sovereign funds?
Leading institutions connect with Robert McCabe through GLG
GLG Study Groups with Robert McCabe(?)
| Study Group Name | No. Members |
|---|---|
| Financial Statement Analysts - Leaders, Scholars, and Educators | 353 |
| Valuation Specialists | 302 |
| Cable Services Experts | 199 |
GLG Live Meetings with Robert McCabe(?)
Robert McCabe has not participated in any GLG Live Meetings.
View all GLG Live Meetings in Accounting & Financial Analysis