Outside the Box: A new accounting rule on loan losses could be disastrous for the economy
FASB’s new rule will find losses where none exist.
Search by tag: accounting
Called to Account: Buffett criticizes others for using non-standard accounting metrics—but he does too
Buffett admits he overpaid for Kraft, after Kraft Heinz took a $15 billion charge-off that flowed through to Berkshire,...
Kraft Heinz Reveals $15 Billion Write-Down and S.E.C. Accounting Inquiry
Kraft also cut its dividend, and its chief financial officer said he expected the company to “take a step backwards in 2...
Exclusive: BT executives knew of accounting fraud in Italy unit - prosecutors
A preliminary criminal investigation into an accounting scandal at the Italian unit of British Telecom (BT) has alleged...
Inquiry Ends Into Exxon Mobil’s Accounting Tied to Climate Change
The investigation focused on how the company calculated the potential costs of complying with regulations meant to limit...