Hillman has been deemed by Bally's Audit Committee to have created a "culture that encouraged
aggressive accounting," which ultimately led to the Company's financial restatements issued on November 30, 2005.
In February and May 2013, Barron's questioned Linn's
aggressive accounting practices.
The
aggressive accounting measures identified by AIG and historical unique governance have resulted in concerns over internal controls.
However, in two articles published in February 2013 (just prior to the announcement of the transaction with Berry) and in May 2013, Barron's questioned Linn's
aggressive accounting practices.
heightens the risk of internal control breakdowns, potentially
aggressive accounting, and restatement risk;
Avoids Stocks With
Aggressive Accounting, Owns Stocks With High Quality Earnings
Investigation finds both responsible for multiple accounting errors and for creating a culture of
aggressive accounting.
Footnoted's research staff pores over hundreds of SEC filings a day to unearth critical information buried in the fine print, such as evidence of
aggressive accounting, excessive compensation, or the type of questionable self-dealing that can indicate more serious problems at a company.
The total accrual scoring system, called the Advisen Total Accrual Measure (ATACm), leverages recent academic research into
aggressive accounting practices and applies it specifically to the D&O insurance markets for the first time.
NEW YORK -- 172 Basis Point Spread Differential Established Between Issuers With Most and Least
Aggressive AccountingCFRA rates quality-of-earnings at public companies, warning investors, creditors and other stakeholders about companies displaying deteriorating operational indicators or employing unusual or
aggressive accounting practices, and reporting favorably on public companies with strong operational health and appropriate accounting policies.
Analysts review whether a company has instituted major changes in accounting procedures, overuses "one-time" charges, or applies
aggressive accounting methods, among other practices.
