Friday, March 22, 2019
Our New Master Class Video

Thursday, March 21, 2019
Tech Data’s Goodwill Adjustment

Tuesday, March 19, 2019
There’s Taxes, and There’s Taxes

Saturday, March 16, 2019
Adventures in Tax Cuts and Net Income

Monday, March 11, 2019
Big Moves in Goodwill, Intangible Value

Friday, March 8, 2019
CVS, Goodwill, and Enterprise Value

Thursday, February 28, 2019
Summary of Our Goodwill Research/ How-To

Wednesday, February 27, 2019
What Does ‘Other’ Mean? An Example

Thursday, February 21, 2019
Another Tale, Buried in the Footnotes

Wednesday, February 13, 2019
Low Latency Calcbench

Monday, February 11, 2019
Now Streaming on Hulu: Red Ink

Thursday, February 7, 2019
Early Look at 2018 Tax Decline

Wednesday, February 6, 2019
You Revised WHAT, Netflix?

Thursday, January 31, 2019
Talking About Huawei Exposure

Wednesday, January 30, 2019
Another Discrepancy in Reported Numbers

Wednesday, January 30, 2019
Finding Revised Facts: Hertz Edition

Wednesday, January 23, 2019
GE Commercial Aviation Services: Bringing Numbers to Light

Monday, January 21, 2019
Differences in Earnings Releases and 10-Ks

Wednesday, January 16, 2019
The Importance of Textual Analysis

Tuesday, January 8, 2019
A Look at Climate Change Disclosures

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Good news from the SEC this week about Foreign Private Filers?

Many people have asked us why our dataset includes several foreign filers but is missing many others. For example, Credit Suisse and Toyota are there, while GlaxoSmithKlein, and Nokia are not. Why is this? Because, for now, the XBRL mandate has been limited to companies who report financials using the US-GAAP accounting standard. Many foreign filers rely on IFRS instead. As a result these companies have been exempt for now…until such time as the SEC is able to properly define guidelines for XBRL filings using IFRS. 

So what’s the good news? A news release from the SEC this week suggests these guidelines may finally be close at hand. A public review period is set to take place later in 2013. And then, while no definite timeline was given, a reasonably optimistic person (like myself) may be forgiven for believing that IFRS interactive filings should start coming soon thereafter, like in 2014. Let’s keep our fingers crossed. 

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