Financial Fine Print Uncovering a Company’s True Value phần 10 pps

... See also Financial Accounting Standards Board (FASB), pensions Financial Accounting Standards Board (FASB): options, 68, 76, 78–79, 84, 158 pensions, 103 , 115, 122 related party transactions, 88–90, ... in Wonderland, 103 Airlines, 111, 120–123. See also specific airlines Altria Corp., 150 Amazon.com, 54 American Electronics Association, 78 AMR Corp., 111 Analysts, see Stock market,...

Ngày tải lên: 10/08/2014, 11:20

... pharma- ceutical companies, and compare their 10- Ks because the accounting tends to be similar, making it easier to spot something unusual. c02.qxd 7/15/03 11:36 AM Page 28 Financial Fine Print 32 average ... are the company’s revenue recog- nition policies and depreciation rates, two items that can have a c02.qxd 7/15/03 11:36 AM Page 30 Financial Fine Print 46 Given the g...

Ngày tải lên: 10/08/2014, 11:20

... about a company’s real financial health. Details about many of the big corporate scandals that have domi- nated headlines in recent years and which have caused many investors to lose faith in the ... www.wiley.com. Library of Congress Cataloging-in-Publication Data Leder, Michelle. Financial fine print : uncovering a company’s true value / by Michelle Leder. p. cm. ISBN...

Ngày tải lên: 10/08/2014, 11:20

... releases and financial reports need to maintain a healthy skepticism and accept no statement at face value, ” the Bear Stearns report warned. “Since [pro forma] earn- ings are almost always higher than ... charge. Rodgers has repeatedly advocated the creation of a pro forma accounting standards board, “chartered to make clear, consistent corrections to the GAAP statements.” 9 Financia...

Ngày tải lên: 10/08/2014, 11:20

... options may be giving too much of the com- pany away. R ED F LAG c05.qxd 7/15/03 10: 03 AM Page 74 Financial Fine Print 82 Almost all companies report two earnings per share numbers each quarter: basic ... these transactions, including “related party transactions,” “related parties,” “certain transactions,” and “cer- tain relationships,” to name a few. Also be sure to look for loan g...

Ngày tải lên: 10/08/2014, 11:20

... 11:39 AM Page 96 Financial Fine Print 104 actually declined. That make-believe gain shows up on the income statement and can make both net and operating income look better than they actually are. ... 11:39 AM Page 100 All in the Family 101 Banking on the Company A look at the 10 largest corporate lenders in fiscal years 2000 and 2001. Company Amount * Notes Wachovia Corp. $2,...

Ngày tải lên: 10/08/2014, 11:20

... care about off-balance sheet obligations? Because they can mask a company’s true financial condition, making it look stronger than it really is. Pushing debt and other obligations off the balance ... Other Names c08.qxd 7/15/03 10: 10 AM Page 125 Financial Fine Print 128 says, he tended to avoid companies that he believed had big off- balance sheet exposure or that perhaps hin...

Ngày tải lên: 10/08/2014, 11:20

... company’s financial partner— a bank or other financial institution—creates an SPE to own a piece of property, say a new headquarters building for a company. The company is required to make annual ... three pages and some unusually strong language to the damage he believes derivatives are causing to world financial markets. “Derivatives are financial weapons of mass destructi...

Ngày tải lên: 10/08/2014, 11:20

... and 10- Ks that are as impen- etrable as Vergil’s Aeneid—in Latin—and even though the Accounting Standards Board, after months of delays and false starts, is actually up and running, we, the American ... best way to solve what he delicately describes as the real lack of honesty plaguing corporate America. “There’s still a clear mentality in corporate America that they don’t want to make an...

Ngày tải lên: 10/08/2014, 11:20

... of linear algebra. For example, see Birkhoff and MacLane, A Survey of Modern Algebra, 3d ed., MacMillan, 1965; S. Lang, Linear Algebra, Addison-Wesley, 1968; D. C. Murdoch, Linear Algebra for ... Statistical Inference and Its Applications, Chapter 1, Wiley, 1965; H. Scheffé, The Analysis of Variance, Appendices I and II, Wiley, 1959; and F. A. Graybill, An Introduction to Linear Statistica...

Ngày tải lên: 23/07/2014, 16:21