A.E. Feldman Blog

President-elect Barack Obama says he wants to revive the economy through a job-creating public works plan on a scale unseen since the building program of the interstate highway system in the 1950s. His ideas were outlined in the weekly radio address the day after the government reported that employers cut 533,000 jobs in November - [...]

Bankruptcies of large U.S. companies are expected to extend into 2010, according to a new study released by Bain Corporate Renewal Group (Bain CRG). Meanwhile, the American Bankruptcy Institute (ABI) said U.S. consumer bankruptcy filings jumped nearly 40% in November compared to the year before. And there is no end in sight. “We expect the [...]

CPA firms are thriving, despite the economic downturn. A large majority of CPA firms reported two years of continuing strong growth, according to the 2008 National Management of Accounting Practice survey by the American Institute of Certified Public Accountants (AICPA) and the Texas Society of Certified Public Accountants. “CPA firms continue to do well,” said [...]

As the economic value of intellectual property (IP) climbs, the amount of high cost litigation involving ownership and infringement of such property is also rising. Intellectual property, such as patents, copyrights and trademarks, have become increasingly important to our economy both regionally and nationally, according to The Business Review in Albany. The report adds the [...]

Facing a slowing economy, a growing number of companies will be navigating the downturn under new leadership. Whether it’s a company choosing new leadership to guide it through the turmoil or a CEO finding a more secure position, the current recession is contributing to higher CEO turnover. In fact, recent data from Liberum, a research [...]

New Jersey Governor Jon Corzine recently announced $2.8 billion in infrastructure improvements that he said will not only improve the state’s schools, bridges and roads, but will also stimulate the economy and create as many as 26,000 jobs. “If we are going to provide relief from the national recession, we need to keep New Jerseyans [...]

The Federal Reserve last week committed up to $800 billion to ease the flow of credit. The move comes on the heels of reports that the economy slowed even more in the third quarter than expected. The two programs announced by the Fed involve the injection of up to $800 billion into the market to [...]

Jeffer, Mangels, Butler & Marmaro announced that it has filed a patent infringement lawsuit on behalf of EMG Technology against Apple. The lawsuit, which seeks unspecified damages, accuses Apple of infringing U.S. Patent No. 7,441,196 in the way the iPhone navigates the Internet. This is just one example of the growing number of lawsuits being [...]

Facing new-home sales at a 50-year low, jobless claims at an unexpected 16-year high and signs of a deepening recession, President-elect Barack Obama delivered a rundown of his economic recovery plan, which includes creating 2.5 million jobs by January 2011. “We’ll put people back to work rebuilding our crumbling roads and bridges, modernizing schools that [...]

The time has come for companies to reexamine internal audit (IA) - an underutilized resource whose efforts for years have been focused on a small part of the overall risk picture. That’s according to a recent report from PricewaterhouseCoopers LLP (PwC). The research suggests that what is needed now is an internal audit function that [...]