Feng Gu News Today

According to a study published in Big Data Mining and Analytics, researchers want to employ artificial intelligence (AI) to help in the early detection and diagnosis of Dry Eye Disease (DED).

Dry Eye Disease (DED) is one of the more common eye diseases, affecting up to 30% of the world's population.

Enron went bust in a historic $63 billion bankruptcy in 2001 and the PCAOB was created. Now it finds audit quality "moving in the wrong direction."

The key to higher growth lies in a well-managed transition from a tangible to an intangible economy

The rise of intangible assets on balance sheets is one key reason many professional investors argue the commonly used valuation measure is no longer useful.

A How is it that auto companies spend so much money and there is such vague disclosure on where it’s going? Or how their ambitious projects are progressing? Investors should be pushing accounting standards boards and companies to give them more. With the onset of electric cars and autonomous vehicles, companies are increasing their focus on technology and technical know-how over the traditional nuts and bolts of putting vehicles together. But it’s hard to see this in their financial st...

Tanay’s Newsletter Share One of the big shifts in the economy has been the rise of intangible assets such as software, data, customer franchises and so on, which now make up a bulk of enterprise value.  While the world has changed, accounting standards have not, which in my view has made income statements and balance sheets less relevant. Today I’ll cover this rise of intangibles and how it has made accounting less relevant. The rise of intangibles Back in the day, a majority of most comp...