December 2011 archive

Torturing ourselves with repetition and complexity in accounting disclosure

Accounting firm KPMG and the Financial Executives Institute sponsored a study of the complexity in U.S. financial reporting. Entitled aptly “Disclosure Overload and Complexity: Hidden in Plain Sight”, the report found that there was ample reason for changes in accounting disclosures. This is hardly a revelation to anyone involved with either preparing this information or …

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Federal Circuit again redefines a reasonable royalty

Lost profits are typically understood to yield higher damages than reasonable royalties, but this is not always the case. Higher reasonable royalty damages most frequently occur when the patent holder (inventor) is not in a position to exploit the invention by manufacturing the product himself. In such event, (i) there are no realistic profits to …

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Permanent link to this article: http://betweenthenumbers.net/2011/12/federal-circuit-again-redefines-a-reasonable-royalty/

A New High Tech Currency

Many of us are used to using plastic debit and credit cards to make a majority of our purchases.  But how about plastic currency?  Canada has already created plastic money and will be rolling out the new bills later this month.  The currency is made from a single piece of polymer which gives it a …

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Permanent link to this article: http://betweenthenumbers.net/2011/12/a-new-high-tech-currency/