When does earnings management become earnings manipulation, and when does earnings manipulation become outright misrepresentation? This is an important question.
Steven R. Ferraro, CFA, PhD
The Halloween effect seems particularly compelling because of its seemingly large potential payoffs and the endless attention it receives in the media.
This article provides an example of the process famed investor Warren Buffett is reported to go though to determine the intrinsic value of a publicly traded company.
Exploring alternatives for investing in a down economy that may provide better long-term portfolio performance through high-dividend yields and favorable diversification characteristics.
Compensation options are a cost to the firm and need to be expensed if financial statements are to reflect the true value of the firm.
Corporate boards of directors need to be very proactive and diligent in order to protect shareholder interests, the larger economy . . . and themselves.
Some managers are distorting the economic reality of their firm’s performance through “accounting hocus-pocus,” so analyze financial reports carefully!
“Buz” Knyal, President and CEO of Franchise Mortgage Acceptance Company, discusses entrepreneurship, leadership, ethics, and education.