SEC filings

Internet-telephone service Skype has boosted its subscribers and cut costs, substantially shrinking its 2010 loss from a year earlier, the company reported in a Securities and Exchange Commission filing Friday.

When companies use the word "immaterial" to describe errors or irregularities in their previously reported numbers, what they're trying to say is that their mistakes involved such small amounts that they don't really matter. Too often, though, that's not really the case.

I've always been a big fan of the phrase "keep it simple, stupid," which apparently was created by a person who designed spy planes for a living. But keeping it simple is a lot easier to say than do when it comes to Securities & Exchange Commission filings. I know, because I've had to read...

There has been a great deal of talk in the financial media of late about bank's loan values, which may be vastly overinflated due to flexibility offered by accounting rules. The SEC revealed that it sent a memo to a number of CFOs at banks, telling them, "Clear and transparent disclosure about how...