Accounting

Accounting Articles

Maybe you can blame overly inflated healthcare costs or maybe you can blame more austerity measures.  In the end, all that matters is that nursing home coverage, rehab, and skilled nursing coverage...
S&P put out another report on US sovereign debt and the likelihood of a default if an increase in the debt cap isn’t passed. S&P lays out three scenarios for whether and how the debt...
Shares of LDK Solar Co. Inc. (NYSE: LDK) are getting hit again today following the company’s announcement that a member of its board of directors who was also the head of its audit committee has...
Bank of America Corporation (NYSE: BAC) is back to being the worst of the worst of the Dow Jones Industrial Average components.  Shares broke under $10.00 on Friday for the first time since May of...
Estimates of the amount of Chinese bank lending total nearly $7.5 trillion. Of that total about 30%, or $2.2 trillion, has been lent through a central government program that puts enormous amounts of...
Chinese solar PV makers are taking a few more lumps today as investors continue to shy away from a sector that has been damaged by low demand forecasts and accounting issues at several of the larger...
American Apparel, Inc. (AMEX: APP) was recently called out by 24/7 Wall St. as a brand which may disappear in 2012 in a large brand “deathwatch” piece in recent days.  Our concern is not alone,...
Shares of JA Solar Holdings Co., Ltd. (NASDAQ: JASO) fell more than -8% on July 6th and since that day have lost a total of -20%. The reason for the fall was an amended filing which added information...
We have said it before… Some of the current initial public offerings with very low share floats and some of the valuations of these private (semi-public) companies are in some cases no different...
Today is not a good-news day in the alternative energy sector. American Superconductor Corp. (NASDAQ: AMSC) has said that it will restate revenues for the last two calendar quarters of 2010,...
California means to make Amazon (NASDAQ: AMZN) and other e-commerce companies pay state sales taxes on all the goods and services the companies sells in the largest state by population.  In...
Bank of America Corporation (NYSE: BAC) is showing investors this morning that its book value may actually be more relevant than what it had been given credit for.  The largest bank by deposits in...
CarMax shares moved sharply higher as the used car chain posted higher earnings than expected. Used car prices have risen and sales have tracked the upward momentum of those of new car firms GM...
In 1926 F. Scott Fitzgerald wrote: “Let me tell you about the very rich. They are different from you and me.” Today, we don’t call people rich because that smacks of class warfare. Instead...
Sears Holdings Corporation (NASDAQ: SHLD) is shrinking its empire, sort of.  The company is spinning off its Orchard Supply Hardware Stores Corporation holdings to its shareholders.  Sears holds...