Faculty Archive

Robert Verrecchia

You Say IASB, I Say FASB, You Say…

Sep 25, 2002
Finance
Europe, North America

In the aftermath of the financial scandals at companies such as Enron, Worldcom and Tyco International, reconciling U.S. accounting and auditing standards with those used in Europe and other parts[…]

Pro Forma Earnings Reports: A Deceptive View of Performance

Dec 19, 2001
Finance
North America

In a recent press release on third quarter performance, Amazon.com focused on a ‘pro forma’ loss of $58 million while conceding that the loss was $170 million under generally accepted[…]

Oh, the Games Enron Played

Nov 21, 2001
Management
North America
mic

The dramatic disintegration of Enron has left a lot of people wondering how this huge, publicly-traded company could have fallen so far so fast. Wharton faculty and others help explain[…]

Plan to Prohibit Pooling in M&A Accounting Causes Tidal Wave of Controversy

Jan 31, 2001
Finance
North America

The Financial Accounting Standards Board is proposing to change the way a company accounts for the premium – or payment in excess of fair market value – that it pays[…]

Knowledge@Wharton Partners