Earnings Statements

A&A

AAA Warns: Watch Your Language on Earnings Reports

Last month, when a pension fund owning stock in Bank of New York Mellon brought suit against that financial behemoth, the fund not only took aim at the bank's allegedly fraudulent currency trading, but it cited a variety of upbeat claims in its SEC filings that the plaintiff considered highly doubtful.

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What would you do if one of your clients won the lottery? We asked several accountants to weigh in with their advice for the lucky Powerball winner, and the tips we received are useful for anyone who receives a windfall, whether it's a lottery win, an inheritance, a big bonus on the job, or a killing in the stock market.
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