It’s our last episode of GAAP Chats for Season 1! In this episode we look back at some of the stories we covered this season to give you an update of recent events, including looking at a recently issued PCAOB inspection report of a firm we discussed in a previous episode. We also look ahead to Season 2! Resources GAAP Chats Episode 7 (Referenced in the episode) Learn from PCAOB Inspection Reports - GAAP Dynamics eBook About GAAP Dynamics GAAP Dynamics is a training firm that provides tailor...
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It’s our last episode of GAAP Chats for Season 1! In this episode we look back at some of the stories we covered this season to give you an update of recent events, including looking at a recently issued PCAOB inspection report of a firm we discussed in a previous episode. We also look ahead to Season 2! Resources GAAP Chats Episode 7 (Referenced in the episode) Learn from PCAOB Inspection Reports - GAAP Dynamics eBook About GAAP Dynamics GAAP Dynamics is a training firm that provides tailor...
CPA Hot Topics - Going, Going, Gone! Exploring Going Concern Opinions and Bankruptcies
GAAP Chats
28 minutes
2 years ago
CPA Hot Topics - Going, Going, Gone! Exploring Going Concern Opinions and Bankruptcies
A recent headline in Reuters noted “U.S. corporate bankruptcies at highest level since 2010.” In Episode 19 we’ll dive into the data, but, more importantly, we’ll test our hypothesis that, in our opinion, management (and their auditors) do a pretty crappy job of prognosticating future bankruptcies with going concern disclosures and opinions. Resources: SEC - Bankruptcy: What happens when public companies go bankrupt? About GAAP Dynamics GAAP Dynamics is a training firm that provides tai...
GAAP Chats
It’s our last episode of GAAP Chats for Season 1! In this episode we look back at some of the stories we covered this season to give you an update of recent events, including looking at a recently issued PCAOB inspection report of a firm we discussed in a previous episode. We also look ahead to Season 2! Resources GAAP Chats Episode 7 (Referenced in the episode) Learn from PCAOB Inspection Reports - GAAP Dynamics eBook About GAAP Dynamics GAAP Dynamics is a training firm that provides tailor...
