Council Members in this Study Group: 12
This study group may include chief financial officers, chartered public accountants, controllers, and consultants knowledgeable on topics such as finance, taxation, auditing, forensic accounting and fraud, financial accounting and reporting, bankruptcy, pension benefits, cash flow, company valuation, working capital, hedge accounting, and mergers and acquisition, among others.
Leading institutions connect with members of this Study Group through GLG
Ronald KiimaPresident
Kiima Incorporated![]()
Ronald A. Kiima is a former SEC Assistant Chief Accountant. Mr. Kiima is currently the President of Kiima Incorporated, a private consulting firm specializing in SEC accounting and disclosure issues, SEC registration statements and periodic reports,...
Dan GodeCo-Founder
Almaris E-Learning Systems![]()
Dan Gode is a Clinical Associate Professor of Accounting, Taxation, and Business Law at New York University Stern School of Business. He is also the Co-Founder of Almaris E-Learning Systems. Professor Gode teaches courses in corporate financial accounting...
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Bush Nominates Two Democrats to SEC: More of the Same is Likely
March 31, 2008
White House to Tap Two Dems to SEC | www.cfo.com
Will President Bush's recent nomination of two Democrats to the SEC make it more investor friendly? Not likely!
2007 Accounting Error of the Year: Depreciation and Amortization
January 2, 2008
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 error. As in prior years, inappropriate depreciation and amortization methodologies once again gets my nomination for Accounting Error of the Year. Unfortunately, absent some unforeseeable improvement in oversight by corporate auditors and the SEC, I suspect that I will again be making the same nomination this time next year.
SEC Schedule II - Visibility into the Integrity of Reported Results
September 11, 2007
SEC Schedule II - Visibility into the Integrity of Reported Results | tinyurl.com
Few other disclosures give as much visibility into the integrity of a company’s reported results like the SEC’s Schedule II – Valuation and Qualifying Accounts. Unfortunately, despite such schedule being required of most public companies, few companies seemingly fully comply. The absence of otherwise required data, or worse, the outright omission of the schedule in its entirety, should raise investor concerns that a company may be engaging in some degree of inappropriate earnings management.
March 8, 2007
One Accounting Standard for All? | www.cfo.com
This article raises the question as to whether the U.S. Securities and Exchange Commission (“SEC”) will ultimately mandate that domestic public companies report their financial results pursuant to International Financial Reporting Standards (“IFRS”). I believe, as a former SEC Assistant Chief Accountant who had oversight responsibility for numerous foreign private issuers, that the answer is an unequivocal “yes.”
Grant Thornton Supports Lease Accounting Overhaul
December 29, 2006
Grant Thornton LLP Supports Review of Lease Accounting Rules as FASB/IASB Working Group is Named | home.businesswire.com
If they do not already do so, analysts need to begin proactively adjusting their models to reflect the assets and liabilities underlying “operating” leases onto the books of the companies they follow. It is no longer a question as to whether many current operating leases will go onto the books, its merely a question of when and how many!
September 10, 2009 | New York
Seminar: Prioritizing Key Value Drivers in a Valuation Model (New York)May 7, 2009 | New York
GLG Seminar: (NYC) How to Value Acquisitive CompaniesApril 28, 2009 | New York
GLG Seminar: (NYC) Incorporating Deferred Taxes into Valuation with Dan GodeTeleconference: Apollo Group - SEC Revenue Probe (11:00 AM EDT/15:00 GMT)
10/29/2009