Friday, March 19, 2010
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Headlines of the day



CBC.ca

Financial Accounting and Decency
New York Times (blog)
That destination is suggested by the unseemly accounting that Lehman Brothers is reported to have rendered its owners and the rest of the world, ...
JPMorgan also used accounting gimmickFinancial Times
Accounting trick hid problemsMiamiHerald.com
Lehman Report Puts 'Face' On Financial CrisisWall Street Journal
Washington Post -WebCPA -MarketWatch
all 517 news articles »

Accounting change may bring $59 bln tax bill-Moody's
Reuters
... of the last-in-first-out (LIFO) accounting method of costing inventory for tax purposes could trigger $59 billion in incremental taxes over 10 years. ...

and more »

Financial Times

Lehman Hid Money With Help of Global Rules
New York Times
United States accounting standards apparently did the rest, allowing Lehman to shuffle $50 billion of assets off its balance sheet. ...
UK Probes Accounting at LehmanWall Street Journal
Ernst & Young's Lehman Accounting Reviewed by UKBusinessWeek
Lehman fired whistle blowerMarketWatch
Marketplace (blog) -The Guardian -Financial Times
all 548 news articles »
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