Public Company Insights – August/September 2009

Posted on: 09/23/2009

Associated Files
Public Company Insights – August/September 2009 (PDF)

Peterson Sullivan’s quotes of interest from this season’s public company newsletter:

  1. “Under current accounting rules, companies are required to test acquired goodwill for impairment annually. But unscheduled impairment tests may be necessary if certain triggering events… have a negative impact on fair value…”
  2. “Directors’ compensation isn’t a private matter between your company and it’s board members. In today’s tumultuous economic environment, shareholders, the media and other interested parties are paying close attention…”
  3. “A fairness opinion is simply a written report by an independent financial expert stating that a proposed transaction is fair, from a financial perspective, to the company’s shareholders…”
  4. “Corporate identity theft is a growing problem and in many cases, corporations — especially large ones — are more attractive targets for identity thieves than consumers…”

As a PCAOB-registered CPA firm, Peterson Sullivan LLP offers accounting, audit, and tax services to public companies. The following individuals lead our SEC practice group: David Lee, Ray Holmdahl, Sharlyn Turner, Al Dunnell, Matt Matson, Bob Bowman, Nathan Hartman, Mark Raker, and Phil Jordan.

Please visit our company directory for links to their profiles.

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