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APR 28, 2016 - Zero Hedge

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SEC Begins Crack Down On Non-GAAP Accounting Gimmicks

Having railed for years against the accounting gimmickry known as non-GAAP, with both the WSJ, AP and even Warren Buffett joining the vocal outcry in recent years, things may finally be changing. According to Dow Jones, the SEC is finally stepping up its scrutiny of companies' "homegrown earnings measures, signaling it plans to target firms that inflate their sales results ...

Tags: SEC Begins Crack Down On Non-GAAP Accounting Gimmicks,  Accountant Latest News

APR 28, 2016 - Zero Hedge

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"It's Hard To Believe" - Establishment Stunned As Trump Gains 'Wealthy, Well-Educated' Voters

Not only is Donald Trump likely to gather the most votes of any GOP Presidential nominee ever, having swept the East Coast and crushed the anti-Trump alliance between Kasich and Cruz even before it made the news cycle; but now, as Reuters reports, the GOP establishment faces an ever bigger problem. Wealthy, well-educated voters helped carry the Republican front-runner to ...

Tags: "It's Hard To Believe" - Establishment Stunned As Trump Gains 'Wealthy, Well-Educated' Voters,  Accountant Latest News

APR 22, 2016 - Zero Hedge

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Valued At $16 It Sold For $68 Million "In 7200 Seconds" - The Inside Story Of Vancouver's Wildest Property Deal

For the past four months we have been closely following the sheer bubble panic, if not outright insanity, that has gripped the Vancouver housing market (here, here, here, here, here and many more) which has been over the past year, converted into the personal offshore piggybank of wealthy Chinese oligarchs seeking to park laundered money outside of their home nation. ...

Tags: Valued At $16 It Sold For $68 Million "In 7200 Seconds" - The Inside Story Of Vancouver's Wildest Property Deal,  Accountant Latest News