In part I, using Ford Motor Company as an example, I argue that the sheer opacity of current tax disclosures makes it virtually impossible for even an informed investor to forecast a sustainable tax r...
Tag: financial reporting
Did Investor Interest In Financial Reporting Peak With Enron?
Near zero interest rates for more than a decade, passive indexing, the rise of machine learning and the absence of an accounting accident since Enron are the key reasons for declining investor interes...
Small Muni Issuers See A Potential 620% Windfall For Their Taxpayers
Currently pending before the Senate, the Financial Data Transparency Act (S. 4295 – “FDTA”) is legislation taking financial reporting by companies and municipalities to the next level. It ushers in th...