The U.K. Competition Commission has released preliminary findings that conclude that the audit market is not serving shareholders, citing “the tendency for auditors to focus on satisfying management rather than shareholder needs”. Overall, the commission found fault with the lack of effective competition, noting that 67 percent of FTSE 100 companies and 52 percent of …
Category: Commentary
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Permanent link to this article: https://betweenthenumbers.net/2013/02/commission-reports-the-big-four-dont-provide-enough-competition-for-the-u-k/
Feb 07
Does anyone NOT know the key differences between CA versus TX? Anyone…?
Both the business and residential climates in California versus Texas are long known to be diametrically opposed: one is a more progressive state advocating social justice at a “cost” of higher taxes and more regulations while the other espouses lower taxes and less regulations while advocating individual responsibility. Despite this well-known, long standing difference, Governor Perry of …
Permanent link to this article: https://betweenthenumbers.net/2013/02/does-anyone-not-know-the-key-differences-between-ca-versus-tx-anyone/
Jan 27
High School Graduation Rate Highest Since 1976
A study of the 2010 school year by the Education Department shows that the nation’s four-year high school graduation rate is the highest it has been since 1976. The national dropout rate has also fallen to about three percent overall. Many students who don’t finish their coursework in four years instead take five or more …
Permanent link to this article: https://betweenthenumbers.net/2013/01/high-school-graduation-rate-highest-since-1976/
Jan 26
Super Bowl XLVII Expected to Flood New Orleans
This past Sunday, the San Francisco 49ers battled their way uphill from an early 17-0 losing position and still managed to defeat the Atlanta Falcons 28 to 24 in a particularly exciting game. Now the 49ers look to steal the silver right from underneath the Baltimore Ravens’ noses in their quest for the Vince Lombardi …
Permanent link to this article: https://betweenthenumbers.net/2013/01/super-bowl-xlvii-expected-to-flood-new-orleans/
Jan 25
I Smell A Hoax.
Sometimes reporters are so eager to tell a particular story that they will not apply a sufficient level of skepticism. On Friday January 18, news sites across the web linked to a story from the Salt Lake Tribune titled “Utah business owner fires two who backed Obama”. The story apparently started from the following comment …
Permanent link to this article: https://betweenthenumbers.net/2013/01/i-smell-a-hoax/
Jul 08
Accounting Standard Will Require Significantly More Leases To Be Put On The Balance Sheet
On June 13, 2012, after more than a year of deliberation, the International Accounting Standards Board (IASB) and U.S. Financial Accounting Standards Board (FASB) agreed on an approach for accounting for leases that generally will be simpler to implement than some of their earlier and more controversial proposals. The Boards plan to release a joint …
Permanent link to this article: https://betweenthenumbers.net/2012/07/accounting-standard-will-require-significantly-more-leases-to-be-put-on-the-balance-sheet/
Jun 07
A “New” Method of Financing University Education that isn’t New
FixUC, a student-based organization, claims to have found the solution to rising student debt and education costs. The proposal: instead of paying tuition to attend university, students should pay the university a 5% share of their future income for twenty years after graduation. FixUC’s founder and President, Chris LoCascio, explains the logic underlying the initiative, …
Permanent link to this article: https://betweenthenumbers.net/2012/06/a-new-method-of-financing-university-education-that-isnt-new/
Mar 25
The Quiet Surge in Bond Prices
Just recently, long term bond yields have been on the rise. Specifically, ten year Treasury bond yields just hit a five month high on Monday, March 19, 2012. (Late October 2011 was the last time it was higher.) Despite this recent yield hike, almost no one is talking about it. However, if this rising trend …
Permanent link to this article: https://betweenthenumbers.net/2012/03/the-quiet-surge-in-bond-prices/
Mar 23
Hunger Games has an Important (but usually missed) Theme
The long-awaited movie adaptation of the book, “The Hunger Games”, opened last night. The publicity and anticipation for the opening was intense. The movie’s success is assured. Although no one will miss the action, at its core, the movie genre involves teenage coming-of-age, combined with a love story. But, practically none of the publicity and …
Permanent link to this article: https://betweenthenumbers.net/2012/03/hunger-games-has-an-important-but-usually-missed-theme/
Feb 25
Gushing Actors = Gushing Americans?
February 25, 2013
At yesterday’s Oscar Academy Awards ceremony, various actors and filmmakers delivered emotional acceptance speeches littered with thanksgiving, superlatives, and mushy words. The Economist asks the whimsical question of whether the Best Actors and Actresses have progressively delivered more gushing speeches since 1972. To answer this question, the publication introduced the “gushing index”, which is calculated …
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