Accounting
Accounting Articles
200,000 jobs… That is the new ‘independent study’ estimate on how many jobs can be created by the solar industry by the year 2016. The Solar Energy Industries Association is touting this...
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Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million...
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The Australian government's proposed 40% super profits tax has caused a considerable uproar among mining companies operating in that country. BHP Billiton has said it would use all its influence to...
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The deficit watch is only getting broader… Uncle Sam, via bailouts and other entitlements to keep the economy afloat, spent more than it brought in with a total federal budget deficit of $82.69...
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This weekend came both the Annual Meeting of Shareholders for Berkshire Hathaway Inc. (NYSE: BRK-B, NYSE: BRK-B) and the quarterly earnings report. So you have seen the stock market’s massive run...
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General Electric Co. (NYSE: GE) held its 2010 annual shareholder meeting on Wednesday in Houston. 24/7 Wall St. was given a private interview with Jeff Immelt, Chairman and CEO of GE, before the...
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By John Tamny of Forbes A popular opinion held by economists and writers is that “global imbalances” caused the global financial crisis. Ben Bernanke unsurprisingly embraces this fallacy with...
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Senator Ted Kaufman of Delaware doesn’t care what Obama says in his speech on Wall St. today or what Volcker or Dodd want to do to break apart the largest investment and money center banks....
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There have been questions about the role of Lehman Bros auditor Ernst & Young since an investigation into the bankruptcy done by an independent party–Anton R. Valukas, Chairman of Jenner &...
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The IRS publishes a review of what the 400 people with the highest adjusted gross income in America pay in taxes each year. The most recent report covers the period from 1992 to 2007. The top...
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J.P. Morgan Chase & Co. (NYSE: JPM) is in the news today because CEO Jamie Dimon issued a scathing letter to shareholders that effectively is attacking the current political climate in Washington...
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Ernst & Young, which handled the audit duties for Lehman, is trying to persuade its customers and the public that it will not suffer the same fate that Arthur Andersen did after the bankruptcy of...
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Fuqi International Inc. (NASDAQ: FUQI) got killed last night and things are not looking bright this morning. The Chinese jewelry designer found “accounting errors” which led to overstated...
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Not surprisingly, CIT Group Inc. (NYSE: CIT) filed with the SEC a form NT 10-K… That is a non-timely annual report notification. The company said it would be unable to file its annual report for...
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Goldman Sachs Group, Inc. (NYSE: GS) is going to get hear more criticism over the notion that it creates so many millionaires. Compensation has been an issue since about half way through the...
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