Corporate & Securities Law

Mark-To-Market:
In an earlier post I noted in passing the role of changes in accounting rules and the role that played in bringing the financial crisis to a head at this...

Is Fair-Value Accounting the Problem
Is Fair-Value Accounting the Problem? In the search for causes of the recent market turmoil, it was inevitable that a finger would eventually be pointed at fair-value accounting. FASB's Statement No...

AIG's New ACcounting Troubles Affect Market
AIG's new accounting problems are causing consternation on Wall St. just as the criminal trial involving a past AIG accounting fraud, involving phony loss reserves, is about to go to the jury...

The IFRS impact on accounting education in the U.S.
A fellow AOL blogger, Victoria Erhart, wrote a fantastic piece on Bloggingstocks, GAAP vs. IFRS: New accounting rules could mean trouble.She looks at the problems that will surely come up if the U...

SEC on the "Performance" of Standards
Is it useful to ask which performs better, the metric system or the imperial system of measurement? Are meters better than miles? Does one system offer more refined tools to achieve precise results? How useful is it to ask, which performs better, German or Russian? Must it depend on purpose, such as for philosophy or literature? The SEC proposes to ask a version of such comparative performance questions about international accounting versus US accounting at a hastily-called roundtable next Monday...

Lawsuit accounting: a quadruple threat for business defendants
Major news afoot from the accounting world as written up in Law.com's The Recorder: ... changes proposed by the Financial Accounting Standards Board that would force public companies to disclose more about the risks of litigation have caused a howl...

Accounting Malpractice - Accountant Malpractice, Accounting Malpractice Lawsuit
Accounting Malpractice alleging financial malpractice by accountants.

Mark Eagleson
$63,725 restitution settles fraud lawsuit.

Ford F-150 Recall
alleging a hose in the F-150 and Lincoln Mark LT pickup trucks could affect braking power.

Whole Foods Market Recalls Bulk Hazelnuts
Whole Foods Market Recalls Bulk Hazelnuts

Billion Dollar Ice Market
Probed for Price-Fixing

G&J Gourmet Market Cocoa
Recalled for Possible Melamine Contamination