Last week, Michael Rapoport had an interesting article in the WSJ (based on Audit Analytics data) concerning the use of non-GAAP metrics to determine executive compensation. He wrote, “U.S. companies increasingly are using unconventional earnings measures in determining bonuses, making it easier for … Continue reading
Author Archives: Olga Usvyatsky
SEC: Taxes in Season
Last Friday, the Wall Street Journal published an interesting piece from Emily Chasan about the SEC, taxes and comment letters. In that article, Ms. Chasan reported that the SEC grilled a number of companies on their disclosures regarding the possible … Continue reading
SEC Comment Letters: Good Question, Let me Think About It
Interviewing for a job is something almost everyone has experienced. Some have done more, others less, but either way it is a fairly routine matter. A candidate sends in a resume, prepares a narrative, dresses up, appears on time and the … Continue reading
TGIF: The 4PM News Dump
It’s four o’clock on a Friday afternoon. The workweek is almost over. Many cubicle dwellers have already slipped out for an early weekend happy hour, followed by a couple days of R&R. Anyway, that’s the way it is for you … Continue reading
Restatements: Where They Come From
Ever since the days of Enron, financial restatements have been considered big news. Not all accounting mistakes are created equal, of course: thousands are discovered every year, but most are not material enough even to warrant a disclosure. A few, … Continue reading
Crowdfunding Under the JOBS Act
So, you’ve got an idea. It’s the Next Big Thing, but bigger. It’s a bread slicer that slices bread in ways previously unimagined. Of course it also has built-in web and video capabilities. After all, who would want to slice … Continue reading
HP’s Autonomy Impairment – Restatement In Disguise?
It’s bound to make some waves when a company announces an impairment as sizable as the one HP recently announced with respect to their acquisition of Autonomy. And if the impairment is associated with alleged fraud committed by former executives … Continue reading