What Keeps The SEC Busy - 2010: The American Institute of Certified Public Accountants held its annual “Current SEC & PCAOB Developments Conference” in Washington, DC last week, including speakers from the SEC, the FASB and the PCAOB. Accountants …
Archive | 2009 Reports
2009 Reports
Volume 18, No. 14
(R) Looking For Truth About High Executive Pay: An S&P 500 Survey: There’s no shortage of emotional reactions on the subject of executive compensation. With the events of the past couple years fresh in the memories of investors and …
Volume 18, No. 13
Surveying The S&P 500 Financials: 2Q09 Fair Value Effects: The trio of FASB’s April turbo-standards related to fair value reporting have now been adopted by all publicly-traded companies. In brief, those standards made the recognition of other-than-temporary impairments less …
Volume 18, No. 12
Fair Value, IFRS & The US: Where It's All Going: Like it or not, financial accounting affects the way investors do their homework in making investment decisions - and in turn, the standard setters who generate accounting rules affect …
Volume 18, No. 11
S&P 500 Stock Compensation: Running Out Of Options: Executive compensation is a perennial sore spot for investors. Compensation packages designed to knit together shareholder interests and those of the managers working for them were subverted over the years by …
Volume 18, No. 10
Please Re-Lease Me: New Accounting For Lessees: Since 1976, lease accounting by lessees has been fairly consistent - which is to say, there hasn’t been much accounting for the assets used by lessees in their operations beyond the recognition …
Volume 18, No. 9
In April, the FASB squeezed out a trio of amendments to various fair value reporting standards, in response to Congressional coercion to “do something” about the financial crisis. The Congressional threat: if you don’t do something, we’ll legislate relief …
Volume 18, No. 8
International Taxes: Follow The Money: The Obama administration is now moving its attention away from ending the economic crisis, and is focusing on ways to fund the cure - and fund the rest of the nation’s spending, too. The …
Volume 18, No. 7
Benefit Plans Without Bounty: The S&P 500 in 2008: Financial institutions - and investors in general - weren’t the only ones who bore the brunt of 2008’s market misery. Companies who had long ago locked themselves into generous benefit
… Volume 18, No. 6
Double Mint: Gumming Up Fair Value Reporting: The pressure brought to bear on FASB to “fix mark-to-market accounting in three weeks or else” - Representative Paul Kanjorski’s message during March 12 hearings - resulted in the release of twin …