Citigroup, Inc and American International Group, Inc have two very disparate views on the realisability of their deferred tax assets. Important to each company's decision is the assessed availability or lack of tax-planning strategies needed to generate future taxable income. Yet,...

Under current GAAP, initial bargain-purchase amounts, also known as negative goodwill (NGW) or the excess of the fair value of acquired net assets over the cost of an acquisition, are typically reduced or eliminated altogether by being allocated against the fair values of certain acquired assets...

Successful methodology for identifying earnings-related reportingindiscretionsCreative Cash Flow Reporting and Analysis capitalizes on currentconcerns with misleading financial reporting on misleadingfinancial reporting. It identifies the common steps used to yieldmisleading cash flow amounts,...