Rimon

Entries tagged “accounting”

Disclosure Rules on Conflict Minerals May Have Broad Impact

insights January 19, 2011

The SEC proposed rules which would require any company that uses “conflict minerals” from the Democratic Republic of the Congo to provide a detailed annual report to the SEC.   Under a proposal adopted by the SEC, public companies would be required to report annually whether the goods they manufacture contain minerals from war-torn central Africa.…

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Tenants Beware!

insights February 23, 2010

Investors and analysts complain that it is difficult to compare the financial positions of two entities with similar leases because financial statements often do not clearly show the effects of operating leases.  They claim that tenants under operating leases get a source of unrecognized financing. A 2005 Security and Exchange Commission report criticized the accounting…

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