摘要:

AbstractAs companies released their 1993 earnings, reports of restructurings and cost‐cutting measures were disclosed almost daily.January 19, 1994–“Eli Lilly&Co. said it will take a $1.2 billion pretax fourth‐quarter charge, mostly to streamline foreign operations and fund previously announced early retirements of some 2,600 workers.”January 25, 1994–“Nynex Corp. said it will slash its work force by 16,800, or more than 20% over the next three years, and take a $1.6 billion charge…” “ Separately, BellSouth Corp. reported a loss of $276 million for the quarter, reflecting its previously announced plans to cut 10,200 jobs by the end of 1996 and restructure certain operations.”January 27, 1994–“Bail Corp. had a loss of $58.7 million, or $2.02 a share, for the fourth quarter, reflecting a $58 million charge for certain restructuring actions.”February 1, 1994–“Xerox Corp. posted a fourth quarter loss of $577 million after taking a big restructuring charge…”February 4, 1994–“Owens‐Illinois Inc. said it is slahsing its U.S. work force by 10%, or 2,000, and taking a charge of $355 million…. The restructuring grew out of a 'comprehensive re‐engineering study'in the fourth quarter and it designed to reduce costs, impr

ISSN:1044-8136    

DOI:10.1002/jcaf.3970050402

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1994

数据来源: WILEY

摘要:

AbstractThe FASB is now focusing its attention on issues pertaining to accounting and reporting of derivative securities and securitization transactions. This article discusses the FASB's proposed disclosure requirements for derivative securities.

ISSN:1044-8136    

DOI:10.1002/jcaf.3970050403

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1994

数据来源: WILEY

摘要:

AbstractAlthough earnings per share is the most widely used financial statistic, procedures for computing it remain complex, arbitrary, and inconsistent. The authors say we need a fresh look at the issue, and explore current change proposals by the ISASC and the FASB.

ISSN:1044-8136    

DOI:10.1002/jcaf.3970050404

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1994

数据来源: WILEY

摘要:

AbstractSurprisingly, few liquid yield option notes (LYONs) meet the SFAS 85 definition of a common stock equivalent. That has important reporting implications on primary earnings per share. Current accounting standards may not do an adequate job of identifying the common stock equivalency status of LYONs.

ISSN:1044-8136    

DOI:10.1002/jcaf.3970050405

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1994

数据来源: WILEY

摘要:

AbstractMore lawsuits were filed against accountants between 1972 and 1987 thatn in the the entire history of the accounting profession. Companies hiring the accounting firm are often drawn in as well. What red flags indicate a possible lawsuit? The authors' study sought the answers.

ISSN:1044-8136    

DOI:10.1002/jcaf.3970050406

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1994

数据来源: WILEY

摘要:

AbstractEmissions trading programs offer opportunities for tremendous cost savings and operating flexibility, but they raise a host of financial and tax accounting problems. This article describes how these new programs work and the issues they raise.

ISSN:1044-8136    

DOI:10.1002/jcaf.3970050407

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1994

数据来源: WILEY

摘要:

AbstractThe recent Clinton tax law directly affects tax liability and cash flow in many organizations. The authors found that cash flow could significantly increase for many firms, making corporate acquisitions easier in the future.

ISSN:1044-8136    

DOI:10.1002/jcaf.3970050408

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1994

数据来源: WILEY

摘要:

AbstractPrior to FAS 106, most firms didn't recognize postretirement benefits as a liability on their financial statements. The authors found significant effects on early adopters' financial statements in a prior study. But have companies changed their disclosures and assumptions since then?

ISSN:1044-8136    

DOI:10.1002/jcaf.3970050409

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1994

数据来源: WILEY

ISSN:1044-8136    

DOI:10.1002/jcaf.3970050410

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1994

数据来源: WILEY

摘要:

AbstractAccounting for stock options has raised heated controversy. The FASB's proposed rules may violate guidelines in the professional accounting literature. The authors examine the conceptual arguments behind the FASB's exposure draft.

ISSN:1044-8136    

DOI:10.1002/jcaf.3970050411

出版商:Wiley Subscription Services, Inc., A Wiley Company    

年代:1994

数据来源: WILEY