Al Rosen, a forensic accountant and principal of Rosen & Associates in Toronto wrote about his opinion on IFRS (International Financial Reporting Standards) in Canadian Business magazine. The U.S. might be moving from GAAP (Generally Accepted Accounting Principles) to IFRS, […]
The scheme: Typical multi-level marketing company, using the guise of “direct sales” to make the business look like a legitimate retail venture. The reality is that it’s nothing more than a recruiting scheme like Usana, Mary Kay, Arbonne, PrePaid Legal, […]
I wrote a couple of posts on some common IRS audit red flags shortly after tax season ended and never finished the list. So here are a few more items that might cause the IRS to want to look at […]
That appears to be what Patrick Byrne is suggesting in this interview. The story keeps changing. At one point, Patrick said he and Overstock.com (NASDAQ:OSTK) weren’t really the target of the SEC investigation. Rather, the investigation was focused on others […]
On August 12, 2005, Patrick Byrne, CEO of Overstock.com (NASDAQ: OSTK) had a conference call he said was going to give information about the “August 11 lawsuit.” The transcript is 17 glorious pages of Byrne rambling about his conspiracy theories. […]
A fellow AOL blogger, Victoria Erhart, wrote a fantastic piece on Bloggingstocks, GAAP vs. IFRS: New accounting rules could mean trouble.She looks at the problems that will surely come up if the U.S. switches to International Financial Reporting Standards (IFRS). […]
It you’re considering getting involved in ShopToEarn, don’t miss this post with lots of important information! A fellow financial blogger recently went down the road of examining a new multi-level marketing company called Shop to Earn. He was considering signing […]
Patrick Byrne, CEO of Overstock.com (NASDAQ:OSTK) has been on a crusade against naked short selling for a couple of years (or more?). It is currently his position that naked short selling is bad. He confirms his belief in this statement […]
An Update of Our Women of Influence Alumni Today the winners of the 2008 Women of Influence Awards, given by The Business Journal, were honored at an awards luncheon. Today’s publication included some past winners of the award.
