September 2013 archive

Expert Thrown Out After Claiming Major Report “Typos” on Cross

A recently affirmed decision to grant judgment for the defendant as a matter of law in Rembrandt Vision Technologies, Inc. v. Johnson & Johnson Vision Care, Inc. highlights the importance of expert testimony that is consistent with previously disclosed opinions presented in a Rule 26 report. In this matter, the expert’s testimony was struck because …

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Do “Presidential Names” Become More Popular?

An event study captures the impact of a certain event(s) on a marketplace. This technique is most commonly used in the context of the stock market, when analysts study the effects of certain events on stock prices. Analysts look at share prices prior to the event of interest (e.g. a stock split, CEO resignation, etc.) …

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Permanent link to this article: https://betweenthenumbers.net/2013/09/which-presidential-name-is-most-popular/

Questions of Fraud and Gender

Are women being unfairly prevented from engaging in corporate fraud?  That seems to the be conclusion espoused by sociologist Darrell J. Steffensmeier of Pennsylvania State University in his recent study published in the journal American Sociological Review: “Typically, women were not part of'[fraud] conspiracy groups. When women were involved, they had more minor roles and made less profit …

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PCAOB Finds Fault with KPMG and PWC Audits

In 2012, the Public Company Accounting Oversight Board (“PCAOB”) conducted inspections of registered public accounting firms pursuant to the Sarbanes-Oxley Act of 2002  According to the PCAOB: “The inspection process is designed, and inspections are performed, to provide a basis for assessing the degree of compliance by a firm with applicable requirements related to auditing issuers. The …

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Permanent link to this article: https://betweenthenumbers.net/2013/09/pcaob-finds-fault-with-kpmg-and-pwc-audits/