For a time, the coalition government seemed willing to let figures tell their own story rather than one written by their political advisers; but that time seems to have passed.
Tag Search Results
13 March 2013, Financial Times
28 November 2012, Financial Times
Ireland accounts for a share of global profit disproportionate to the size of the Irish economy. Not because business in Ireland is particularly successful but because reporting profits in Ireland is particularly attractive.
25 April 2012, Financial Times
The common sense that says “I know the difference between a Cornish pasty and a ham sandwich when I see it” is appealing, but we would rightly find it unacceptable that the decisions of a tax inspector should be based on the principle that he knows what to tax when he sees it.
15 June 2011, Financial Times
The core problem is that banks have no intention of abiding by the spirit, rather than the letter, of any regulatory rules.
06 April 2011, Financial Times
The share of financial services in national income has increased. Should we be pleased, or concerned, by this development?
08 December 2010
No one loves the bearer of bad news. But short sellers, Wikileaks, accountants who mark to market, and even rating agencies, should be applauded for telling people the news they do not want to hear.
08 September 2010, Financial Times
Internal rates of return conflate rewards for risk with returns for patience. That is why they are often misleading indicators of the profitability of alternative investments.
Students of corporate finance are taught the dangers of judging projects by their internal rate of return. The problem is that the attractiveness of a project depends not just on [...]
17 February 2010, Financial Times
The true and fair view is subjective, and no accounting principles, however extensive, can cover all conceivable situations.
23 September 2009, Financial Times
Bogus quantification attempts to compress complex problems and analyses into single observations.
10 June 2009, Financial Times
Once loans can be bought and sold, what matters is not their soundness but their price – with the predictable consequences of instability and price fluctuations far in excess of any reasonable assessment of underlying change in fundamental value.
04 June 1999, Other
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