All GLG News Analyses Filed Under: Accounting Issues

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...

The SEC recently gave its approval for foreign companies listed in the U.S. to present financials exclusively using the IASB's version of IFRS – with no reconciliation to U.S. GAAP.  The SEC is now seriously looking into the possibility of giving U.S. companies the option of using...

I came across an interesting article (link included in this post) on the topic of receivable securitization programs which gives a nice overview of these types of programs including the structure, economics and accounting for them.  The article essentially calls receivable securitizations as “debt...

As was well publicized, VeriFone Holdings (PAY) issued a press release yesterday disclosing it overstated its pre-tax income by approximately $30 million during the first three quarters of F2007 (which ends in October).  Importantly, the overstatement represents 80% of the company’s pre-tax...

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 ...

The article discusses the value destruction which will occur because the bail out of the SIV will fail to allow proper price discovery of the debt portfolio acquired. 

This post specifically discusses some key potential risks with payables on the balance sheet that are common across a broad base of companies. The "Analysis" section below gives several recommended tips and techniques for investors on how to analyze payables for these specific risks. A link to...

The FASB and IASB are in the early stages of a multi-year project which could potentially recognize more leases (historically recognized as operating) as assets and corresponding liabilities on corporate balance sheets.  The "Analysis" section below discusses an article and recent research study,...

Budgeting and financial analysis has always  occupied  pride of place in organization planning and control. In so far as  investment planning  is  concerned  budgeting has not got  the  importance  that  it  deserves. In this  analysis I ...

In modern competitive business environment, it is absolutely important that constant focus is being given on the level of competitive edge of the business. There is no better tool towards this goal than value enhancement to the ultimate customer from the goods or services that are catered to by the...