Posts

@ Forbes: Chinese Reverse Mergers: The Auditor Angle

My Forbes column today is about the Chinese reverse merger market and recent reports of potential frauds – plural. I waited for the inevitable case that implicated a Big 4 audit firm. When it came I got two for the price of one and a bonus – a great new research paper from the PCAOB on the Chinese reverse merger phenomenon.

Sarbanes-Oxley Doublespeak

“A law by itself does not bring benefits. Measure the benefits of the moral and ethical behaviors the law promotes and requires, instead.”

GM’s Audit Flubs: A Video For The Street.com

While I was in New York last week for the FEI Current Financial Reporting Issues conference, I taped a spot for The Street.com on the November 18th GM IPO. I was against the GM bailout. I’m embarrassed by how the administration has manipulated this “resurrection” of GM.