Is ‘Earnings Before Tariffs’ a Thing?

tariffs

Don’t look now, but Corporate America started filing second-quarter earnings releases in large numbers this week, with many of them mentioning Trump Administration tariffs in some form or another. That raises an intriguing question for all you external reporting and corporate disclosure buffs: Can tariffs somehow be reported as an adjustment to earnings? This has…

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Talking Tariffs and Compliance

tariffs

Today we have another Radical Compliance podcast interview, this time talking about the compliance implications of the Trump Administration’s proposed tariffs regime — although the more you consider tariffs and President Trump’s erratic approach to them, the more you realize that their implications will spill far beyond the compliance function. To help me unpack all…

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Boeing, Trade Wars, and Disclosures

boeing

Earlier this week we saw news that China has told local airlines there to stop taking delivery of Boeing airplanes, Beijing’s latest retaliatory move against President Trump’s tariffs. That gives us opportunity to consider the potential implications for financial reporting and risk disclosure — implications that might snare more companies as the trade war drags…

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