All GLG News Analyses Filed Under: Accounting Issues

The  referred  article  refers  to  the  age  old  conundrums  of  accounting - replacement  cost  vs.  historical  cost. Also  the valuation  of  intangibles. It  was  only  a  few  years ...

Countywide's announcement late last Friday and Angelo Mozilo's letter to employees provide a unique window into CFC's strategy for addressing the impact of the credit crisis on its business. The letter provides details on the steps that CFC is taking to shelter itself from the fallout. Unfortunately,...

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

Retained interests from securitizations made up more than 75% of the shareholder's equity at NFI. Also, the company has elected to finance these securities. Demand, never very strong to begin with, has deteriorated severely in the last month. The company could be forced to recognize a sizeable...

1. Service providers who do not consider their implicit or explicit fiduciary status vis-a-vis public or corporate pension plans could find themselves in the litigation cross hairs. 2. Pension litigation is skyrocketing with fiduciary breach allegations leading the way.

The silver lining in the so-called Subprime Crisis is that it is yet another event that illustrates the need for greater quantities of more useful information in financial statements and financial reports.  As long as management chooses to comply only with the most minimum of standards, they are...

The impact in practice is much different than the impact in theory.  The posing of the question implies an impact on the investor end-user, and not the simple academic debate as to (particularly) the treatment of intangibles.  From the perspective of buy-siders, a switch from GAAP to...

The current subprime crisis  coming soon after  the  pension crisis  last  year  when  a  number  of  pension funds  found  that  they  were  underfunded  has  created  a  piquant situation. Funds  which ...

Replacing GAAP with IFRS will culminate in years of effort to globally developed the highest accounting standard and to promote understanding of financial statements of businesses wherever they are situated. A global accounting standard of the highest quality developed in collaboration with the US will...

http://www.cfo.com/article.cfm/9634508?f=home_featured The IASB and FASB are working to reconcile differences on how to apply accounting standards.  However, IFRS is becoming the more popular choice by companies outside the US.  What would happen if the US allowed US companies to perform financial...