Category: Financial Acct

  • Friday Sept 16 2022 WASHINGTON—U.S. regulators could know by Thanksgiving if Beijing is complying with an agreement designed to allow Chinese companies to continue trading on American stock exchanges. Inspectors from the U.S. Public Company Accounting Oversight Board are preparing to travel to Hong Kong to begin reviewing the audit files of publicly traded Chinese…

  • Wed Sept 14 2022 Read this article to grasp just how much money can be made as an insidder

  • Monday August 22 2022 I recommend on your syllabus that you subscribe at the student rate to the WSJ. Here are a couple of good examples from today Aug 22 of what you might learn. I am teaching ACCT 4311 Audit and ACCT 5308 Ethics, the first article addresses both. United Kingdom Financial Reporting Council…

  • Tuesday April 5 2022 Using the Statement of Cash Flows to Spot Fraud  Fraud studies show that cash is the most frequently stolen business asset. For example, cash on hand or cash receipts may be taken directly by employees. Or cash may be misappropriated indirectly through fraudulent disbursements, such as payroll, billing, expense reimbursement and…

  • Wed Nov 3 2021 chegg drops 45% on 25x normal volume. Gee the stock reached 115 during the pandemic, the bloom is sure off the rose now

  • Monday Sept  27 2021 Evergrande Explained

  • Monday Sept 13 2021 Andy Kessler has been warning of excessive valuations in his WSJ column for weeks. This weekend we detailed the lack of breadth  in the face o f higher averages. Here is part of his column today.       By     Updated Sept. 12, 2021 10:24 pm ET    …

  • Monday ajugust 23, 2027 Here is an article from finance.yahoo.com. I recommend reading lots of financial lilnks, see  this weblog and Helpful Websites to gain a better understanding of accounting and finance. Here is a good example, do you know what citi is recommending? Bloomberg) — Citigroup Global Markets says Treasury yields are set to…

  • Tuesday June 22, 2021 One of my twelve recommendations in Conquer Accounting is that students should subscribe to the Wall Street Journal. A student subscription is only a dollar a week. Accounting students will greatly increase their understanding of business context. Here are some examples from today's WSJ.   Auditors See Improved Conditions   of…

  • Weekend June 5, 2021 The ew head of trhe SEC removed all members of hrte PCAOB. Sanders and Warren had urged their removal. Perhaps the PCAOB will do something about all the problem they find in Big  4 audits.