This article examines whether a complete change in U.S. accounting standards is likely to happen, and if so, what it will mean to U.S. and foreign firms.
Special Purpose Entities (SPEs) have a useful role in business financing, but there must be transparency, and all parties must understand the risks.
The popular position of “expensing stock options” may not be a panacea to corporate governance.
No longer does one plus one always equal two – in a given reporting period anyway. What artistry.
Some managers are distorting the economic reality of their firm’s performance through “accounting hocus-pocus,” so analyze financial reports carefully!