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:
2018 Blog on Going Concern
SEC - Bankruptcy: What happens when public companies go bankrupt?
About GAAP Dynamics
GAAP Dynamics is a training firm that provides tailored and engaging learning solutions to companies and accounting firms worldwide. Whether it's online, in the classroom, or via webinar, we create high-quality training that we would want to take.
Stay informed and subscribe to our blog. Become a GAAPologist today!
Interested in what all GAAP Dynamics has to offer? Check out our website
Check us out on:
Linkedin
Youtube
Facebook
And email us with any of your own accounting questions, concerns, or horror stories at: support@gaapdynamics.com
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:
2018 Blog on Going Concern
SEC - Bankruptcy: What happens when public companies go bankrupt?
About GAAP Dynamics
GAAP Dynamics is a training firm that provides tailored and engaging learning solutions to companies and accounting firms worldwide. Whether it's online, in the classroom, or via webinar, we create high-quality training that we would want to take.
Stay informed and subscribe to our blog. Become a GAAPologist today!
Interested in what all GAAP Dynamics has to offer? Check out our website
Check us out on:
Linkedin
Youtube
Facebook
And email us with any of your own accounting questions, concerns, or horror stories at: support@gaapdynamics.com