accounting standards
The explanatory power of the financial information reported to investors for market valuation has plummeted in recent decades.
Low accounting comparability can be costly for both firms and managers.
Could the predictive models have anticipated NMC’s earnings manipulation and bankruptcy risk?
The complexities of accounting for intangible assets and goodwill are not conducive to a quick fix.
The next crash may unearth accounting scandals to rival those of Enron and WorldCom, says Sebastien Canderle.
Revenue — perhaps the most important number in financial statements — and how it is calculated by nearly every public company across the globe is set to change. Sandra Peters, CFA, considers the impacts.
Jason Voss, CFA, provides his choices for Weekend Reads for Investors. This edition features surprising facts about coffee consumption, global choke points in the food supply, graphics showing how cryptocurrencies are likely to affect finance, and more.
Non-GAAP company performance measures are growing in prominence. Is this a good thing for investors who rely so strongly on accounting numbers for evaluating performance and valuing businesses? A recent CFA Institute webinar explored the issue.
Jason Voss, CFA, curates articles on a broad range of subjects, from new accounting standards, to important policy changes in China, to bribed scientists, to images of supernovae.
Firms with good performance on material sustainability issues, using the Sustainability Accounting Standards Board (SASB) framework, and concurrently poor performance on the immaterial issues, have the best future stock performance.