Accounting & Financial Analysis News by GLG Council Members
Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
-
More Under Armour Red Flags...
November 20, 2009
Stock Jocks Punish Under Armour's Mathletes | www.cnbc.com
Under Armour's most recent 10K contains a number of financial reporting "red flags" that reflect a cavalier attitude toward financial reporting transparency.
-
Nitish Grover, FCA, AICPA Intl AssociatePrincipal, OwnerNitish Grover and Associates
The Fair Value Debate - The Political Imperative - A Exercise in Futility?
November 19, 2009
Accounting Rules:Divided and Overruled | www.economist.com
Fair value has been in the news for sometime. Also banks are now complaining and so are regulators and politicians. The convergence issue and the impact of a far off standard setter not subject to local influence is having its effects on the debate. In this analysis I look at why fair value should not be influenced by those not well conversant with the subject. While I agree that accountants alone...
-
What the Former SEC Chairmen Missed...
November 19, 2009
Don't Let Banks Hide Bad Assets | online.wsj.com
Conceptually, the arguments favoring fair value accounting are sound and quite appealing. Unquestionably, financial statement users will benefit from data about how a company’s assets and liabilities change in value during a reporting period. However, there are two major issues associated with fair value reporting that accountants, investors, legislators, and regulators need to address in the wake...
-
What Have the Accountants Done For Us Lately?
November 19, 2009
Systemic risk legislation threatens FASB’s independence | www.accountingweb.com
Debates about the causes of the recent financial crisis have yet to focus on the inability of financial institution independent auditors to provide adequate oversight over management’s valuations of financial instruments.
-
Microsoft investing in Cloud Computing or a Server and PDA line of Computers?
November 18, 2009
Microsoft, Taiwan to develop cloud computing technology | www.totaltele.com
Is Microsoft's investment in Taiwan to develop cloud computing technology or build its own line of PDA/laptops and Servers to function within "Cloud Computing"?Development of New Software always drives the need for improved and updated Computer hardware as the perfect combination for solving the ease of use and improve performance, flexibility, and security issues.
-
Virtual stealing or hold ups? same end result.
November 15, 2009
Banking Trojan steals money from under your nose | news.cnet.com
Is there a difference between virtual stealing of money or actual hold up? The end result is the same: stealing money from the bank. Similar classical measures of protection and provisions can be applied by banks to preserve depositors' funds in accordance with IAS. As for customers' being ripped off or scammed, the end result is also the same. Proper education on using virtual banks' site to transfer...
-
Nitish Grover, FCA, AICPA Intl AssociatePrincipal, OwnerNitish Grover and Associates
The Economic Downturn and Revival - Challenges for Accountants and Auditors
November 12, 2009
Failed financial firms:The bust that worked | www.economist.com
The referred article speaks of the bankruptcy reorganization plan of one Institution. In this analysis I take the referred Institution as a referral point to examine/highlight the challenges which accountants and auditors will face in their stewardship and attest function.
-
What are these “Further Adjustments?”
November 11, 2009
AHA applauds reform bill, urges further adjustments | www.modernhealthcare.com
Healthcare Reform has passed the House, with some changes from the two versions in the Senate. What are the items that will affect hospitals and what can hospitals expect for margins in the future.
-
Thomas Klein, CPAManaging MemberKleinCPA PLLC
Obama Expected to Sign Generous NOL Carryback Bill on Friday
November 5, 2009
Congress Passes Unemployment Bill With Tax Items | www.journalofaccountancy.com
On Thursday, Congress sent a bill to the White House containing enhanced net operating loss (NOL) carryback opportunities for most companies. The bill contains a provision extending the NOL carryback period from two years to five years for losses incurred in 2008 or 2009. President Obama is expected to sign the bill on Friday which would result in the immediate filing for refunds by many compan...
-
Cloud Computing is Realizing the Services that you Need, and do not have to Own
November 5, 2009
A trip into the secret, online 'cloud' | edition.cnn.com
Corporations, Government Agency, Healthcare Providers, Doctors, Lawyers, Casinos, and every different business or Individual has IT NEEDS. Social, legal, accounting, storage of personal information, distribution, business to business relationships, Job Search, Unemployment Claims, Banking,and everything else you do or need to do someway will end up in some Computer System or multiple Systems.Most...
- Subscribe to Updates
-
Leading institutions connect with members of the Accounting & Financial Analysis councils through GLG
Get Intelligently Connected
with the world's leading experts
GLG's 850+ Clients Include:
- More than 70% of the world's leading
- mutual funds
- 15 of the leading 20
- global banks
- 7 of the leading 10
- global private equity firms
- 5 of the leading 10
- AmLaw firms
- Fortune 500® Companies
- in nearly every industry sector, including pharmaceuticals, insurance, chemicals, energy and computer software
Most Popular Accounting & Financial Analysis News
-
The Fair Value Debate - The Political Imperative - A Exercise in Futility?
November 19, 2009
-
What the Former SEC Chairmen Missed...
November 19, 2009
-
What Have the Accountants Done For Us Lately?
November 19, 2009
-
Virtual stealing or hold ups? same end result.
November 15, 2009
-
Microsoft investing in Cloud Computing or a Server and PDA line of Computers?
November 18, 2009
-
pellets-wood.com
-
www.totaltele.com
-
edition.cnn.com
-
www.reuters.com
-
www.jckonline.com