September 17, 2013 - Evaluating Your CFO?  Look for These Red Flags.  

Anthony Catanach, Cary M. Maguire fellow at The American College, runs down the red flags companies can look for when evaluating their chief financial officer and what should be expected of the position. He speaks on Bloomberg Television's "Market Makers."  Click Here

 

May 31, 2013 - Crazy Eddie Revisited - Part I: The White Collar Criminal

A Grumpy Old Accountant and Julie Anne Ragatz, the Director of the Cary M. Maguire Center for Ethics in Financial Services visit with convicted felon Sam Antar of Crazy Eddie fame to discuss fraud, ethics, and accounting education.

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May 31, 2013 - Crazy Eddie Revisited - Part II: How to Commit Fraud

A Grumpy Old Accountant and Julie Anne Ragatz, the Director of the Cary M. Maguire Center for Ethics in Financial Services visit with convicted felon Sam Antar of Crazy Eddie fame to discuss fraud, ethics, and accounting education.

Note:  You may have trouble viewing on Internet Explorer.  If so, switch to Chrome or another browser.

May 31, 2013 - Crazy Eddie Revisited - Part III: From Fraudster to Informant

A Grumpy Old Accountant and Julie Anne Ragatz, the Director of the Cary M. Maguire Center for Ethics in Financial Services visit with convicted felon Sam Antar of Crazy Eddie fame to discuss fraud, ethics, and accounting education. 

Note:  You may have trouble viewing on Internet Explorer.  If so, switch to Chrome or another browser.

May 31, 2013 - Crazy Eddie Revisited - Part IV: A Criminal in Recovery

A Grumpy Old Accountant and Julie Anne Ragatz, the Director of the Cary M. Maguire Center for Ethics in Financial Services visit with convicted felon Sam Antar of Crazy Eddie fame to discuss fraud, ethics, and accounting education.

Note:  You may have trouble viewing on Internet Explorer.  If so, switch to Chrome or another browser.

April 12, 2013 - KPMG's Insider Trading Scandal: A Watershed for the Auditing Profession?

Recently, a KPMG senior audit partner leaked privileged client information to a “golfing buddy.” This is not just another accounting or insider trading scandal.  This event is different, and just may be a watershed for investors and the auditing profession.

March 28, 2013 - Is the FASB Killing the Auditing Profession? 

The auditing profession appears to have finally hit the "bottom of the barrel". A recent Public Company Accounting Oversight Board report suggests that PricewaterhouseCoopers (PwC) has failed us by not living up to the high standards set by its legacy firm. This Grumpy Old Accountant makes the case that the financial accounting standard-setters also share responsibility.

 

March 3, 2013 - Is Black Box Really A Pandora's Box?

Company accountants come up with a uniquely named non-GAAP performance metric. Black Box resurrects pro-forma reporting of the 1990s in a big way via its "adjusted EBITDA (as adjusted)" measure and others. 

January 30, 2013 - What Do Herbalife's Financial Statements Tell Us? 

Is Herbalife a pyramid scheme? Grumpy Old Accountant has a different spin on the Herbalife saga.  According to the analysis provided in this video, the financial statements filed with the SEC don’t really appear to signal it, nor does the independent auditor.  The recent uproar in the markets may be less about the Company’s financial condition, and more about Herbalife’s business model, not to mention the egos and greed of the battling titans.