Auditors and companies looking to adhere to a proposed internal control framework for financial reporting […]
Category: Financial Reporting
Mike Lynch Would Like HP to Show Their Work
Last week, when HP announced that $5 billion of its $8.8 billion write-down was due […]
This HP/Autonomy “Accounting Improprieties” Thing Hit the Big 4 Superfecta and Other Things We Learned Today
As luck would have it, we don't get to coast this Thanksgiving week as HP […]
ICYMI: Zynga’s Finance Department Is Experiencing a Quasi-Exodus
Last week was not a good one for the imaginary farm/mafia/faux-Scrabble™ merchants at Zynga. After […]
Report: There’s Nothing Extraordinary About Sandy
Companies are unlikely to be allowed to classify damage from Hurricane Sandy as “extraordinary” for […]
COSO’s Internal Control Framework Update Has Some Material Weaknesses
Oh my God. Last month, COSO released a post-public exposure version of its update of […]
Let’s Take a Peek at Some of Mitt Romney’s Investments
Earlier today, Gawker's John Cook dumped nearly 1,000 pages of "internal audits, financial statements, and private […]
“Emerging Growth Company” Manchester United Ltd. Not Quite Ready to Take Advantage of All the Reporting Exemptions Under the JOBS Act
As you know, the Jumpstart Our Business Startups Act was made law earlier this year, […]
Comcast CFO Nerdily Points Out That, Technically, The Company Will Come Out Ahead on Olympics
On a call with analysts, NBCUniversal CEO Steve Burke announced that the network will break […]
“Emerging Growth Company” Still Working on the “Emerging Growth” Part
Yesterday we discussed Ignite Restaurant Group, an emerging growth company ("EGC") under the JOBS Act, […]
“Emerging Growth Company” Still Trying to Get Its Accounting Figured Out
Earlier today, a little bird pointed us to an 8-K filed by Ignite Restaurant Group ("IRG") […]
FASB on Intangible Impairment Testing: Just Eyeball It
All those carrying value versus fair value exercises? Yeah, the nerds in Norwalk say you […]