Author: Jose Salmeron
SubscribeCompanies Less Likely to Do “Big R” Financial Restatements
Back in the early 2000s, seemingly mild-mannered corporate executives such as Kenneth Lay and Bernie Ebbers came to be known as some of the world’s most notorious supervillains. They weren’t hatching elaborate, cinema-style plots to achieve...
Read More“Test-the-Waters” Rule Lets Companies Dip a Toe in IPOs
It has been a rough year for IPOs, as highly touted offerings keep flopping. Ride-sharing service Uber Technologies Inc. has seen its stock price fall more than 30% from the time it went public in May. The stock of Lyft Inc., meanwhile, is...
Read MoreUber Goes Conventional with IPO Share Structure
Remember when Uber was the ultimate example of a revolutionary business? Entrepreneurs and financial pundits could be heard describing any business with disruptive potential as “Uber, but for _____.” It got so out of hand that that a wave o...
Read MoreSEC Probes Amazon on Revenue Recognition
Correspondence just released by the SEC (and available on the Intelligize platform) reveals that the agency has recently probed Amazon about a number of accounting issues, including those related to newly overhauled revenue recognition rule...
Read MoreFASB is Living in a Materiality World
You’d be forgiven if you confused the Financial Accounting Standards Board’s (FASB) latest announcement about its “conceptual framework” for a description of an upcoming TED Talk. That kind of jargon is popular with thought leaders and thin...
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