Tag Archives: public company

No GAAP? There’s a Reality Gap!

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So, we’ve seen the Corporate Executive’s manifesto. We have even seen their ridiculous compensation. And, most of those issues are based upon the fact that these executives find ways to confuse, to obfuscate, and to misreport the developments of their firm to the public (including their stockholders).

Continue reading No GAAP? There’s a Reality Gap!

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Goldilocks makes decisions for the IRS now?

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As I have recently written, the SEC (US Securities and Exchange Commission) is not currently enforcing the rules about executive pay reporting.  This, despite the fact that most public companies pay excessive salaries to their executives. And, the IRS rarely challenges the pay that these public companies afford their bloated executive ranks.

Continue reading Goldilocks makes decisions for the IRS now?

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