• Accounting Deja Vu: Have We Seen These Earnings Before? 

      Mulford, Charles W.; Ely, Michael L.; Hudson, Katie; Maloney, Kerianne; Moses, Andrew (Georgia Institute of Technology, 2003-04)
      A study released by the GAO in October 2002, Financial Statements Restatements: Trends, Market Impact, Regulatory Responses and Remaining Challenges, reported that the number of restatements increased 145% from 1997 to ...
    • Cash Flow Reporting in the Presence of Overdrafts 

      Mulford, Charles W.; Ely, Michael L.; Hudson, Katie; Maloney, Kerianne; Moses, Andrew (Georgia Institute of Technology, 2003-01)
      Numerous companies maintain cash overdraft balances. These seemingly innocuous accounts can have material effects on reported amounts of cash and operating cash flow. In this report we survey reporting practices for ...
    • Cash Is Truth, Or Is It? Adjusting Operating Cash Flow to Obtain an Improved Measure of Corporate Performance 

      Mulford, Charles W.; Ely, Michael L.; Hudson, Katie; Maloney, Kerianne; Moses, Andrew (Georgia Institute of Technology, 2002-12)
      Operating cash flow in 2000 and 2001 for the S&P 100 was adjusted to remove items that may provide misleading signals of operating performance. Nine adjustments were made, separated into three categories - (1) where ...
    • Off Balance Sheet Entities: A Preliminary Look at the Effects of Interpretation 46 

      Mulford, Charles W.; Ely, Michael L.; Hudson, Katie; Maloney, Kerianne; Moses, Andrew (Georgia Institute of Technology, 2003-03)
      On January 17, 2003, the Financial Accounting Standards Board (FASB) issued Interpretation No. 46 – Consolidation of Variable Interest Entities. Given companies' widespread use of VIEs (formerly SPEs) to finance their ...
    • A Re-examination of Cash Flow Reporting in the Presence of Overdrafts 

      Mulford, Charles W.; Ely, Michael L.; Hudson, Katie; Maloney, Kerianne; Moses, Andrew (Georgia Institute of Technology, 2003-06)
      Numerous companies maintain cash overdraft balances. These seemingly innocuous accounts can have material effects on reported amounts of cash and operating cash flow. In this report, updated from the original published in ...