GLG News by Retail Industry Financial Statement Analysts
January 14, 2008
Tata Motors - Nano - Indian and International Auto Market - Cost Paramenters and Emission changes
Analysis of:
The New Model - T (www.ft.com)
Tata Motors - Nano - Indian and International Auto Market - Cost Paramenters and Emission changes
The debut of the Nano from the Tata Motors stable has deep ramifications for the auto industry in all spheres. It will impact carbon emissions, carbon trading, cost of automobiles, the manner in which automobile costing is calculated...
Analysis of:
FASB proposes delay of FIN 48 for non public enterprises (www.fasb.org)
FIN 48 has caused enough problems ever since it was issued some time back. The requirement to disclose the more likely than not evaluation of tax liabilities in the context of SFAS 109 caused major problems for companies. Last year ...
January 2, 2008
The Importance of Zero Base Budgeting for Corporate Performance , Appraisal and Outsourcing
Analysis of:
Duncan Williamson : Zero Base Budgeting (www.duncanwil.co.uk)
The Importance of Zero Base Budgeting for Corporate Performance , Appraisal and Outsourcing
Budgeting is an area which has not attracted sufficient interest from analysts and others involved with the financial analysis of financial statements. At the same time zero base budgeting attracts even less ...
Analysis of:
Securities Suits Spike in 2007 (www.cfo.com)
The subject article provides some interesting insights into the upward reversal in the number of securities class-action lawsuits filed during 2007. Given such, I thought it might be fitting to offer my personal insights into what I continue to believe is the most common, yet rarely noticed, accounting...
Analysis of:
Report : Lease Financing on the Rise (www.cfo.com)
The referred article says that more than half of $1.1 trillion invested last year in equipment etc. was financed through credit and leases It says that pending changes in accounting...
December 13, 2007
Goodwill and Business Combinations - Convergence - SFAS 141 R - Fair Value - A look at Some Questions
Analysis of:
AMD Warns of Material Goodwill Charge (www.cfo.com)
Goodwill and Business Combinations - Convergence - SFAS 141 R - Fair Value - A look at Some Questions
AMD has just announced that it will take a material charge on account of goodwill while Unify Corporation has also stated that it will restate its results on ...
Analysis of:
UBS Records a Big Write Down and Sells a Stake (www.nytimes.com)
The announcement by UBS of a $10 bn writedown and financing from Singapore and the Middle East coming so soon after Citigroup took financing from Dubai points ...
December 10, 2007
A Look at Certain Capital Gains Implications for American Companies in Indian M&A Deals
Analysis of:
CBDT reopens 400 PE, M&A Deals (economictimes.indiatimes.com)
A Look at Certain Capital Gains Implications for American Companies in Indian M&A Deals
A number of companies from America and other countries are engaging in M&A deals in India.The Indian Government and tax authorities have decided to look at the detailed ...
Analysis of:
Crazy Little Thing Called Risk (www.nytimes.com)
The referred article contains an interesting anecdote and brings to my mind the conundrums that companies are going to face in the valuation of financial assets and ...
Analysis of:
Climate Change : Green Protectionism (www.economist.com)
Environmental costs are becoming real business costs. As time progresses, the Kyoto protocol is being renegotiated and taxes on carbon are being considered in various forms. The ...
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