Watchdog Transparency Blog

Watchdog Transparency Blog

In our Blog we take a critical look at public company disclosures and focus on issues surrounding transparency, reliability and accuracy. It you are looking for cheerleading, you have come to the wrong place. We rely on information from the best sources available to gain insight into companies and make predictions about what will happen in the future. Nothing in business is certain, so sometimes we will be wrong, but we will always be an independent voice telling you the truth as we see it.

Articles

Articles

BorgWarner Wants to Dump Delphi. Will Delphi’s Resistance be Futile?


Posted on

With the coronavirus shutting down entire industries and raising the possibility of an extended recession, pending mergers are in peril, and mergers overall will become disfavored as companies lose their appetite for risk.

Posted in

Birds of A Feather: How to Tell a “Gray Swan” from a “Black Swan.”


Posted on

The coronavirus has shocked and stress tested institutions all over the world. The emergence of the pandemic, and the global panic it has caused, is a true black swan event.

Posted in

Under Armour III: Major CFO Change Was a Warning Sign of Litigation


Posted on

CFOs play an outsized role in the financial health of a company. When a CFO leaves abruptly or under bad circumstances, that event can have far reaching implications. Lawrence “Chip” Molloy’s departure from Under Armour was as damaging as it was sudden and mysterious. Within a year after being brought in from as an outsider, he had resigned for “personal reasons.” In his wake there was litigation, an SEC investigation only recently brought to light, and—of course—more litigation.

Posted in

Under Armour II: CAM Raises the Specter of “Channel Stuffing”


Posted on

In our first piece on Under Armour (UA) we looked at how a dramatic increase in non-audit fees by PriceWaterhouseCoopers (PWC) was a sign of financial problems and a leading indicator of litigation. We also briefly examined UA’s SEC investigation, which was first reported on by the Wall Street Journal. This investigation has remained somewhat mysterious and UA has denied any wrongdoing. Thanks to the newly required disclosures of Critical Audit Matters (CAMs), we are getting some clarity.

Posted in

Under Armour I: Troubling Spike in Non-Audit Fees Went Ignored


Posted on

Under Armour still has not recovered from a serious blow it suffered in early November 2019 when the Wall Street Journal reported that the company had been under investigation by the SEC for its accounting practices. One element of the story that rattled investors was that the investigation had been going on since July of 2017, yet it had not been addressed in a transparent way by management.

Posted in

UPDATE Nine Critical Days in Hunter Biden’s Time on the Burisma Board


Posted on

UPDATE: AG Bondi’s Presentation Adds More Facts and Raises More Questions

Posted in

The Practice of Reverse Factoring Raises Transparency Concerns


Posted on

Here at Watchdog, we are firm believers in transparency, and we take a critical look at any accounting procedures which tend to make financial disclosures opaque. This guest blog on reverse factoring was contributed by Olga Usvyatsky, a former VP of Research at Audit Analytics. She has a distinguished library of blogs and op-eds on accounting, buy-side research, and data analysis. Ms. Usvyatsky is currently enrolled as a PhD in Accounting student at Boston College, where she earned her MS in Accounting degree.

Posted in
Total articles: 37(page 1 of 6 with 7 articles)
Watchdog Transparency Blog

Watchdog Transparency Blog

In our Blog we take a critical look at public company disclosures and focus on issues surrounding transparency, reliability and accuracy. It you are looking for cheerleading, you have come to the wrong place. We rely on information from the best sources available to gain insight into companies and make predictions about what will happen in the future. Nothing in business is certain, so sometimes we will be wrong, but we will always be an independent voice telling you the truth as we see it.

Articles

Articles

BorgWarner Wants to Dump Delphi. Will Delphi’s Resistance be Futile?


Posted on

With the coronavirus shutting down entire industries and raising the possibility of an extended recession, pending mergers are in peril, and mergers overall will become disfavored as companies lose their appetite for risk.

Posted in

Birds of A Feather: How to Tell a “Gray Swan” from a “Black Swan.”


Posted on

The coronavirus has shocked and stress tested institutions all over the world. The emergence of the pandemic, and the global panic it has caused, is a true black swan event.

Posted in

Under Armour III: Major CFO Change Was a Warning Sign of Litigation


Posted on

CFOs play an outsized role in the financial health of a company. When a CFO leaves abruptly or under bad circumstances, that event can have far reaching implications. Lawrence “Chip” Molloy’s departure from Under Armour was as damaging as it was sudden and mysterious. Within a year after being brought in from as an outsider, he had resigned for “personal reasons.” In his wake there was litigation, an SEC investigation only recently brought to light, and—of course—more litigation.

Posted in

Under Armour II: CAM Raises the Specter of “Channel Stuffing”


Posted on

In our first piece on Under Armour (UA) we looked at how a dramatic increase in non-audit fees by PriceWaterhouseCoopers (PWC) was a sign of financial problems and a leading indicator of litigation. We also briefly examined UA’s SEC investigation, which was first reported on by the Wall Street Journal. This investigation has remained somewhat mysterious and UA has denied any wrongdoing. Thanks to the newly required disclosures of Critical Audit Matters (CAMs), we are getting some clarity.

Posted in

Under Armour I: Troubling Spike in Non-Audit Fees Went Ignored


Posted on

Under Armour still has not recovered from a serious blow it suffered in early November 2019 when the Wall Street Journal reported that the company had been under investigation by the SEC for its accounting practices. One element of the story that rattled investors was that the investigation had been going on since July of 2017, yet it had not been addressed in a transparent way by management.

Posted in

UPDATE Nine Critical Days in Hunter Biden’s Time on the Burisma Board


Posted on

UPDATE: AG Bondi’s Presentation Adds More Facts and Raises More Questions

Posted in

The Practice of Reverse Factoring Raises Transparency Concerns


Posted on

Here at Watchdog, we are firm believers in transparency, and we take a critical look at any accounting procedures which tend to make financial disclosures opaque. This guest blog on reverse factoring was contributed by Olga Usvyatsky, a former VP of Research at Audit Analytics. She has a distinguished library of blogs and op-eds on accounting, buy-side research, and data analysis. Ms. Usvyatsky is currently enrolled as a PhD in Accounting student at Boston College, where she earned her MS in Accounting degree.

Posted in
Total articles: 37(page 1 of 6 with 7 articles)
Watchdog Transparency Blog

Watchdog Transparency Blog

In our Blog we take a critical look at public company disclosures and focus on issues surrounding transparency, reliability and accuracy. It you are looking for cheerleading, you have come to the wrong place. We rely on information from the best sources available to gain insight into companies and make predictions about what will happen in the future. Nothing in business is certain, so sometimes we will be wrong, but we will always be an independent voice telling you the truth as we see it.

Articles

Articles

BorgWarner Wants to Dump Delphi. Will Delphi’s Resistance be Futile?


Posted on

With the coronavirus shutting down entire industries and raising the possibility of an extended recession, pending mergers are in peril, and mergers overall will become disfavored as companies lose their appetite for risk.

Posted in

Birds of A Feather: How to Tell a “Gray Swan” from a “Black Swan.”


Posted on

The coronavirus has shocked and stress tested institutions all over the world. The emergence of the pandemic, and the global panic it has caused, is a true black swan event.

Posted in

Under Armour III: Major CFO Change Was a Warning Sign of Litigation


Posted on

CFOs play an outsized role in the financial health of a company. When a CFO leaves abruptly or under bad circumstances, that event can have far reaching implications. Lawrence “Chip” Molloy’s departure from Under Armour was as damaging as it was sudden and mysterious. Within a year after being brought in from as an outsider, he had resigned for “personal reasons.” In his wake there was litigation, an SEC investigation only recently brought to light, and—of course—more litigation.

Posted in

Under Armour II: CAM Raises the Specter of “Channel Stuffing”


Posted on

In our first piece on Under Armour (UA) we looked at how a dramatic increase in non-audit fees by PriceWaterhouseCoopers (PWC) was a sign of financial problems and a leading indicator of litigation. We also briefly examined UA’s SEC investigation, which was first reported on by the Wall Street Journal. This investigation has remained somewhat mysterious and UA has denied any wrongdoing. Thanks to the newly required disclosures of Critical Audit Matters (CAMs), we are getting some clarity.

Posted in

Under Armour I: Troubling Spike in Non-Audit Fees Went Ignored


Posted on

Under Armour still has not recovered from a serious blow it suffered in early November 2019 when the Wall Street Journal reported that the company had been under investigation by the SEC for its accounting practices. One element of the story that rattled investors was that the investigation had been going on since July of 2017, yet it had not been addressed in a transparent way by management.

Posted in

UPDATE Nine Critical Days in Hunter Biden’s Time on the Burisma Board


Posted on

UPDATE: AG Bondi’s Presentation Adds More Facts and Raises More Questions

Posted in

The Practice of Reverse Factoring Raises Transparency Concerns


Posted on

Here at Watchdog, we are firm believers in transparency, and we take a critical look at any accounting procedures which tend to make financial disclosures opaque. This guest blog on reverse factoring was contributed by Olga Usvyatsky, a former VP of Research at Audit Analytics. She has a distinguished library of blogs and op-eds on accounting, buy-side research, and data analysis. Ms. Usvyatsky is currently enrolled as a PhD in Accounting student at Boston College, where she earned her MS in Accounting degree.

Posted in
Total articles: 37(page 1 of 6 with 7 articles)
Watchdog Transparency Blog

Watchdog Transparency Blog

In our Blog we take a critical look at public company disclosures and focus on issues surrounding transparency, reliability and accuracy. It you are looking for cheerleading, you have come to the wrong place. We rely on information from the best sources available to gain insight into companies and make predictions about what will happen in the future. Nothing in business is certain, so sometimes we will be wrong, but we will always be an independent voice telling you the truth as we see it.

Articles

Articles

BorgWarner Wants to Dump Delphi. Will Delphi’s Resistance be Futile?


Posted on

With the coronavirus shutting down entire industries and raising the possibility of an extended recession, pending mergers are in peril, and mergers overall will become disfavored as companies lose their appetite for risk.

Posted in

Birds of A Feather: How to Tell a “Gray Swan” from a “Black Swan.”


Posted on

The coronavirus has shocked and stress tested institutions all over the world. The emergence of the pandemic, and the global panic it has caused, is a true black swan event.

Posted in

Under Armour III: Major CFO Change Was a Warning Sign of Litigation


Posted on

CFOs play an outsized role in the financial health of a company. When a CFO leaves abruptly or under bad circumstances, that event can have far reaching implications. Lawrence “Chip” Molloy’s departure from Under Armour was as damaging as it was sudden and mysterious. Within a year after being brought in from as an outsider, he had resigned for “personal reasons.” In his wake there was litigation, an SEC investigation only recently brought to light, and—of course—more litigation.

Posted in

Under Armour II: CAM Raises the Specter of “Channel Stuffing”


Posted on

In our first piece on Under Armour (UA) we looked at how a dramatic increase in non-audit fees by PriceWaterhouseCoopers (PWC) was a sign of financial problems and a leading indicator of litigation. We also briefly examined UA’s SEC investigation, which was first reported on by the Wall Street Journal. This investigation has remained somewhat mysterious and UA has denied any wrongdoing. Thanks to the newly required disclosures of Critical Audit Matters (CAMs), we are getting some clarity.

Posted in

Under Armour I: Troubling Spike in Non-Audit Fees Went Ignored


Posted on

Under Armour still has not recovered from a serious blow it suffered in early November 2019 when the Wall Street Journal reported that the company had been under investigation by the SEC for its accounting practices. One element of the story that rattled investors was that the investigation had been going on since July of 2017, yet it had not been addressed in a transparent way by management.

Posted in

UPDATE Nine Critical Days in Hunter Biden’s Time on the Burisma Board


Posted on

UPDATE: AG Bondi’s Presentation Adds More Facts and Raises More Questions

Posted in

The Practice of Reverse Factoring Raises Transparency Concerns


Posted on

Here at Watchdog, we are firm believers in transparency, and we take a critical look at any accounting procedures which tend to make financial disclosures opaque. This guest blog on reverse factoring was contributed by Olga Usvyatsky, a former VP of Research at Audit Analytics. She has a distinguished library of blogs and op-eds on accounting, buy-side research, and data analysis. Ms. Usvyatsky is currently enrolled as a PhD in Accounting student at Boston College, where she earned her MS in Accounting degree.

Posted in
Total articles: 37(page 1 of 6 with 7 articles)

© 2020 Watchdog Research, Inc. All rights reserved.
Watchdog Transparency is a publication based on reports created by Watchdog Research, Inc.
Watchdog Research, Inc. is a financial research company providing due diligence information on public companies.

@WatchdogRsrch    |     rss