GLG News by Financial Statement Analysts - Leaders, Scholars, and Educators

Reduced production output, postponed or cancelled capital and exploration expenditures, closure of marginal mine sites and impairment charges are common scenarios in mining companies during bear markets in mineral commodities.  The recent announcement by Freeport-McMoran (NYSE:FCX) that it intends...

Accounting rules are being blamed for causing the decline in the  global economy, the rising jobless figures and all other multifarious ills which are gripping the financial sector and capital markets. In the midst we now have a proposal that financial solvency for banks should not be measured...

We are told not to expect Bretton Woods II on November 15, 2008 when the global financial summit takes place. But then are we expected to see no change in the present global economic turmoil. In this analysis I state what I expect to happen on the global financial scene.

We live in a interesting recessionary world. The global economy is retracting and the search is on to find the culprit. The US President Elect says that tackling the economic crisis is his top priority. Central Banks and  World leaders across the globe are echoing the same tune. But no one knows...

Going concern has since as far as I can remember been a fundamental accounting assumption and has been codified in general technical literature, International Standards, FASB standards, Indian standards and generally been accepted globally. The exact methodology to arrive at a conclusion of going concern...

As the global financial meltdown continues, we hear more and more about  the role of Central Banks, Pension Funds, Accountants and a host of other players. We are also hearing a lot of talk of  accounting rules being responsible for the global financial crisis. In this analysis I  argue...

Ron's points are well taken but let's look at the playing field for these two companies

A whole country, albeit be it a small one, is on the brink of bankruptcy. This has dramatic consequences to its foreign trade and foreign payments. It has just simply stopped functioning. A bailout loan from IMF and other countries will restore system functioning and allow time for the real economy...

This will soon be the best time in history to be selling Healthcare IT software and services. More money will be spent in the next three years than ever before. It may not be the best time for the staff at many hospitals. The staff are woefully unprepared for a quantum leap in Healthcare Technology

Over the last few weeks the sky has fallen and the latest cover of the Economist has the heading "Saving the system - The Panic, The Rescues and a Special Report on the World Economy".  Different newspapers are covered with details of virtual nationalizations, lost bank confidence and the list...