BCSB: Getting Operating Cash Right
A couple days ago, it was noted in this space that Vail Resorts had some large changes in its cash from operations after putting its cash flows ...

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Dell: It’s All Over But The Shoutin’
And the shoutin’ will be heard for quite a while. (Sorry. Can’t shake the country jag that got started yesterday. Post title above is from the 2004 masterpiece by Southern ...

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A Deeper Dig At AES
Back in March, AES Corporation put a hold on their previously issued financials for a whole host of “remediation” issues - remediation in th...

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A Shorter Shortcut?
Failed shortcut accounting (in testing for “effectiveness” of hedge relationships) has provided frequent fodder for this blog. Last week, the FASB issued a proposal that might get financial statement preparers on the righ...

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Feet Of KLA(-Tencor)
The discovery period of the backdating drama is largely behind us - it seems like all the special committees that were formed last year to ex...

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Cadence Financial’s 159 Recall
Early this year, many companies took advantage of their options - their fair value options, that is - and adopted Statement 159 as of the beginning of the year. That r...

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For A Few Dollars More: IBM’s Leasing Adventure
Yesterday, the SEC settled charges with International Business Machines for a sham transaction conducted with Dollar General in 1999 and 2000....

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A Deeper Shade Of Green For Bluegreen
Community and resort builder Bluegreen filed a non-reliance 8-K last week on its 2006 10-K and first quarter 2007 10-Q. Reason? It needs to rework its cash flow sta...

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Power Technology’s Derivative Do-Over
It’s not often that firms with a market cap of less than $2 million get mentioned in this space. Today’s an exception: a little ou...

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Community Banks: First Quarter Recall
Community Banks of Harrisburg, Pennsylvania, issued a product recall of sorts on its first quarter financial statements via the filing of a non...

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Aspen Revisits 2005 & 2006
A little time traveling today. Aspen Technology announced on Monday that its financial statements for the years ending June 30, 2005 and 2006 along with quarterly fil...

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