• Archive for the ‘Writing for Others’ Category

    Let Me Tell You A Funny Story: Lehman’s Repo 105 Accounting

    By • Jan 9th, 2011

    When a new batch of Ernst & Young auditors arrived at Lehman Brothers each year, Repo 105 transactions must have caused debate. After all, a transaction that’s called a “Repo,” short for “repurchase”, but that’s actually recorded on the books as a sale, is a little odd. It may have even quacked.



    @Forbes: Forget Everyone Else – Why Aren’t Auditors Answering For Financial Crisis?

    By • Dec 11th, 2010

    Some may say that tweaking New York Times reporters to make a point about auditor liability, especially one so prominent such as Andrew Ross Sorkin, may not be a great career move.  But then you’re assuming my idea of a “career” is yours. I call them as I see them, and the two blog posts in […]



    @Forbes: More GM IPO and Less Litigation Disclosure

    By • Nov 19th, 2010

    My Forbes column appears on Tuesdays and Thursdays. Go here to read, Accounting Watchdog. Columns for the week ending November 19, 2010: GM’s Gigantic IPO: Investors Bet An Old Dog Can Do New Tricks FT Alphaville reports this morning that, “President Barack Obama said the IPO marked a ‘milestone in the turnaround of not just […]



    @Forbes: Immigration and the Big 4, Fannie and Freddie Must Go

    By • Nov 12th, 2010

    My Forbes column appears on Tuesdays and Thursdays.

    Go here to read, Accounting Watchdog.

    Columns for the week ending November 12, 2010:



    @Forbes: Bankruptcy Examiners and The GM IPO

    By • Nov 5th, 2010

    I’m writing a new column at Forbes.com.  It’s called, “Accounting Watchdog” because traditional media is so innovative! Actually, I wanted to broaden my scope a little –  if going from Big 4 auditors to accounting, in general, can really be considered expanding my horizons. But I do have, more or less, carte blanche to comment on […]



    Treasury Votes To Reappoint KPMG As Auditor of Citigroup

    By • Oct 31st, 2010

    The US Treasury recently affirmed reappointment of KPMG as Citi’s auditor for the 41st consecutive year. Maybe Treasury married KPMG all over again because they’re cheap compared to what Goldman and AIG are paying PwC. Or maybe Treasury feels like the mother who puts up with a gold digging daughter-in-law because said daughter-in-law saw mom kissing the tennis pro and mom knows her son has slept with the baby-sitter…



    Accounting Watchdog: A New Column In Forbes

    By • Oct 29th, 2010

    I’m now writing for Forbes twice week, Tuesday and Thursday, under the title, Accounting Watchdog. My first two columns were published this past week.



    “Sarah Palin: The ‘Stepford’ Feminist?” And A Review of Wall Street 2

    By • Oct 3rd, 2010

    Two new columns at my weekend gig, Sundayed. I hope you will take a look. The Talking Heads song “Home” plays over the closing credits and I start bopping in my theater seat.  Sorry to say, this tune was the best thing about the movie, Wall Street 2.  That’s not to say the film wasn’t visually […]



    @FEI Blog: The Problem With The Non-CPA CFO

    By • Aug 21st, 2010

    I made another guest post at the blog for Financial Executives International.  My BBF (best blogger girlfriend) Edith Orenstein is on vacation.  The post is cross-posted over at accountingWEB, because Edith is so good and so popular.  She’s been my go-to girl for a while when it comes to technical accounting support and general navigation […]



    Guest Post @FEI Blog: PCAOB Open Meeting August 5th, 2010

    By • Aug 6th, 2010

    On Thursday August 5th, I covered the PCAOB’s Open Meeting and wrote up a report for the FEI Blog. I’d like to make a few more comments about the meeting yesterday.

    I was both surprised and very pleased when Chairman Goelzer announced that he’ll request Congress to amend Sarbanes-Oxley to open the PCAOB’s disciplinary proceedings to public view, in line with the SEC. I was also gratified. I made this suggestion and many times have pointed out the challenge to investors’ right to know about an important gatekeeper – the auditors.