On the Valuation of Small Businesses What is the impact of coronavirus on small businesses? What should valuation analysts consider in light of the stock market downfall when valuing a small business. The author shares his thoughts on the impact of coronavirus when valuing small businesses. The coronavirus pandemic is wrecking havoc on the global economy as we have seen last week with the stock market crash ...Read more ›
Companies might be able to deliver a bigger boost to their earnings per share by making pension contributions rather than using borrowed money to fund buybacks, according to a report by Goldman Sachs Asset Management. Â Low interest rates may encourage companies to make stock buybacks, but these rates also tend to increase pension obligations. To read the full article in The Wall Street Journal, click: Pensi ...Read more ›
Do the missing months mask the true financial performance? In a recent study entitled, â€śOrphans Deserve Attention:Â Financial Reporting in the Missing Month When Corporations Change Fiscal Year,â€ťÂ the authors of the study found that out of the 1,786 public firms reviewed from 1993 to 2008, 45.4 percent shifted their fiscal year-end by intervals of up to two months and opined that these changes could â€śfly und ...Read more ›
SEC Ramps Upâ€”New Enforcement Tools Include Cluster Analysis, Fuzzy Matching. Plusâ€”Open Channels to DOJ, FBI.
"With New Firepower, S.E.C. Tracks Bigger Game," Â Ben Protess and Azam Ahmed Â report at the New York Times Dealbook. Embarrassed after missing the warning signs of the financial crisis and theÂ Ponzi schemeÂ ofÂ Bernard L. Madoff, the agencyâ€™s enforcement division has adopted several new â€” if somewhat unconventional â€” strategies to restore its credibility. The S.E.C. is taking its cue from criminal authorities ...Read more ›