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Why Accounting is (NOT) Boring

Thomas Ittelson's creatively titled booked Financial Statements brilliantly and concisely explains why the language of accoun...

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accounting

Cash Flows Compared to a Lemonade Stand

Cash flows as defined in The End of Accounting:
Cash flows are inherently different from earnings. They simply a...

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accounting

Accounting is a Closed System: R&D Example

The End of Accounting by Baruch Lev and Feng Gu takes a rather negative approach to exploring the logic supporting accounting...

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accounting

NMC Uncovers an Additional $2.7 Billion of Debt

After previously reporting $2.1 billion of debt, NMC Health PLC has since had to revise this number for an unexpected and unknown su...

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accounting fraud

Threat to Investors: Lax Accounting Standards

A terrific article in the Financial Times argues that loose accounting standards increasingly make pending disasters difficult to pr...

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accounting