GLG News by Current or Former Chief Financial Officers in the Building Materials Industry

Is it not time to recognize that acquisitions are not priced at tangible assset values? How do fair value and the tax treatment of asset purchase allocations get reconciled? We need a pragmatic approach.

Let 's face it, the street is renowned for over reacting to any sudden change. This is another example of the herd mentality.

The  real issue is who is the professional actually responsible to in the role he/she is paid to perform. One cannot lump all professionals together, as auditors and general council for example have very different roles. The bottom line is the professional must act true to the expectations...

Can the international auditing community accept the Yukos situation? What does the PWC withdrawal really mean for international reporting standards? Is Putin and his political machine going to be allowed to interfere with independent auditors?

Did backdating options have an effect on the share price? Can a plaintiff link the motive for back dating options to inflating the share price at the time of the action? Is the judge's sting analogy valid?