Stamford International Case Study, Co/CEO

Stamford International Q1 EPS According to CEO’s Preferences

The CEO’s lack of familiarity with US GAAP and clear disregard for the input of his accounting staff would result in the Q1 EPS figure presented in Exhibit 2, 62 cents per share. Exhibit 1 outlines the CEO’s preferred treatment of certain accounting items, which corresponds to changes of plus 15 cents per share. EPS of 62 cents per share exceeds the CEO’s goal 60 cents per share, and would likely result in a further elevated P/E ratio for the company’s stock.

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Stamford International Case Study
Stamford International Case Study, Co/CEO
Stamford International Case Study, Technology
Stamford International Case Study, Sarbanes-Oxley