Accounting and Intangibles

Hi everyone, Hope this blog finds you all doing well.  Once again, we see the traditional “brick and mortar” accounting valuation techniques not reflecting what the market sees or pays. Companies that haven’t produced a profit have been selling for astronomical...

Derivatives and Risk

Hi everyone, Hope this blog finds you doing great. A lot going on in the field of valuation of derivatives.  In a recent survey by the AICPA, there is much concern about risks inherent in derivatives and the approaches used to value these constructs. For example,...

Non-Qualified Mortgages”- Here we go again!!

Hi everyone, In this month’s blog, once again we are seeing an emergence of a new type of financial instrument, called the “Non-Qualified Mortgage” with the same high-risk characteristics as sub-prime mortgages.  Here we go again!! What is most disconcerting is...

The Magic of PE 15

Hi everyone, Hope all is well.  Recently, a very interesting article about an expeditious approach to determine the fair value of stock was published.  I thought about it for a while and said to myself, it is worth summarizing for this month’s blog. ...

PCAOB New Comments on Financial Instruments

Hi everyone, As always, hope all is going great. I will continue where we left off regarding the new PCAOB’s staff guidance on the auditing the fair value of financial instruments. This second portion of the blog is dealing with “pricing services.”  According to...
Excited Mood

Excited Mood

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more...
Best College in Town

Best College in Town

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more...