Michael Sack Elmaleh
Articles by this Author
Corporate Restructurings: Ordinary or Not So Ordinary?
- By Michael Sack Elmaleh
- Published 05/4/2007
- Investing
- Unrated
Corporate Restructurings appear as a separate line on many income statements. The author questions this practice.
Measuring Non Profit Efficiency: The Statement of Functional Expense
- By Michael Sack Elmaleh
- Published 05/21/2007
- Accounting
- Unrated
A non profit organization's Statement of Functional Expenses often gives a misleading measure of its efficiency.
Sunk Costs and Loss Aversion
- By Michael Sack Elmaleh
- Published 05/28/2007
- Accounting
- Unrated
Cost accounting teaches us to ignore sunk costs. Easier said then done because ignoring sunk costs often entails admitting poor decisions and accepting unrecoverable losses.
Protecting Small Non-Profits from Fraud: An Ounce of Prevention
- By Michael Sack Elmaleh
- Published 06/18/2007
- Accounting
- Unrated
Small non-profit organizations are very vulnerable to fraud. Here are some inexpensive measures that can be adopted to protect them.
Do Accounting Rules Discourage Research & Development?
- By Michael Sack Elmaleh
- Published 06/26/2007
- Accounting
- Unrated
Current accounting rules discourage research and development spending to the detriment of society.