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Kyndryl’s 10-K/A: No Restatement, But Control and Disclosure Questions Remain
Amended filing clarifies cash management practices and reports several material weaknesses.
 • Olga Usvyatsky
Beyond the hype: Auditor EY highlights its efforts to confirm Meta’s data center accounting
The WSJ's Jon Weil called it a “red flag”, but we dig into why and how EY documented the CAM and how decision useful it is, or isn't.
 • Olga Usvyatsky and Francine McKenna
Kyndryl Holdings: when free cash flow drivers become a disclosure risk
How free cash flow narrative may trigger a regulatory probe.
 • Olga Usvyatsky
From “immaterial revisions” to enforcement action: the ADM case study
What ADM’s $40 million settlement, executive pay decisions, and a pending case against its former CFO tell about enforcement landscape
 • Olga Usvyatsky
SEC comment letters are still telling even as volume falls
How the SEC is using comment letters to press on materiality, non-GAAP metrics, and credit risk.
 • Olga Usvyatsky
CoreWeave walks a debt tightrope, counting on key customers to be its safety net
We take a deep dive into the latest on CoreWeave and its huge bet on risky debt, and a few customers, to meet the growing demand for AI compute.
 • Olga Usvyatsky and Francine McKenna
Red Flags in Amended Annual Reports - Quarterly Update #9
Amended annual reports deserve investors' attention because they often deliver bad news.
 • Olga Usvyatsky
Deep Quarry
Deep Quarry
Using data to uncover trends in disclosure and reporting.
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