All GLG News Analyses Filed Under: Accounting Issues

As foreign and U.S. companies get to choose accounting rules by which they will abide, institutional investors must: 1. Understand what the different standards mean in terms of an accounting - economics "gap" 2. Identify whether a reporting entity is perversely changing its behavior to game a...

1. Pension fiduciaries are obliged to manage risk in a prudent fashion.2. Current regulatory guidance requires pension fiduciaries to ask tough questions of their money managers (hedge, mutual, private equity) about risk controls, use of derivatives and risk analysis techniques.3. Everyone stands to...

The convergence of  accounting  standards bandwagon is rolling on  and  the  question  being  asked  is  that  if  the  SEC  will  accept  foreign  issuers  reporting  under IFRS then  why  should it ...

It is my view that the convergence of Accounting Standards is a fiction for Accountants. The national standards is a must for regulatory compliance .It has relevance only to MNCs who have cross border transactions and investments and are therefore subject to multiple standards. In my view the MNCs with...

The referred article says that Indian CFO's are in favor of convergence of Indian standards with either IFRS or USGAAP. This analysis takes a look at the implications of the findings of the survey in the article and the direction that Indian accounting standards are going to take.This analysis also...

Ford faces two major problems with its massive restructuring/downsizing. First, operationally it is very difficult to cut costs by more than you cut revenues when you downsize. Second, some will question the quality of Ford’s post-restructuring earnings, since many companies in the past have used downsizings...

1.    The need for convergence of accounting standards is real.2.    The ability to converge accounting standards is challenging due to cultural and legal issues.3.    Although convergence will ultimately occur, it will occur with a broad based...

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...

The referred  article  is  an  excellent  exposition of  the  need  for  convergence  and  the  features  to  look  out  for  when  analyzing  non US financial  statements  from  a  US ...

Derivatives  and  hedge  instruments  have  been  for  some  time  a  boon  and  a  curse  for  Corporate  Businesses  and  Accountants  and  Auditors. Over  the  years  since  SFAS...