When accounting goes unaccounted for
If you want to know what the firm’s actual P&L is like, I suggest you read people who can perform basic addition and subtraction.
~ Barry Ritholtz, who was not impressed with the Associated Press story on Overstock.com’s 2009 profit. He suggests this.
While partners at Grant Thornton Australia prepare for a windfall of $5 million each after […]
Namely, he violated Berkshire’s code of business conduct and ethics and violated his duty of candor to the WB, Munger and the rest of the company.
Happy Spoopy Day! Here are your morning headlines: As critics suggest FASB is too slow […]