Penn State Smeal News: Media Coverage February 2002
The Wall Street Journal
IBM Plans To Expand Earnings Reports To Include More Details About
Its Income
International Business Machines Corp., responding to investor demands for greater accounting disclosure, plans to start releasing details of financial income that it previously buried in accounting statements as offsets to its expenses. .Some accounting experts say that including income items in SG&A can be confusing. "There's usually a presumption that [SG&A] is only expenses" says J. Edward Ketz, an accounting professor at Pennsylvania State University. For information on how to receive the full story, contact Steve Infanti in the Smeal College Media Relations' Office at smi3@psu.edu .
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REPORTERS & EDITORS: For more information, please contact Wyatt DuBois in the Smeal College of Business Media Relations Office at 814-863-3798 or wed112@psu.edu .
Penn State's Smeal College of Business offers highly ranked undergraduate, MBA, executive MBA, Ph.D., and executive education opportunities to more than 5,500 students at all levels. Featuring academic departments of accounting, finance, marketing, insurance and real estate, management, and supply chain and information systems, the college is also home to major research centers such as the Center for Supply Chain Research, the Institute for the Study of Business Markets, the eBusiness Research Center, the Farrell Center for Corporate Innovation and Entrepreneurship, the Center for Global Business Studies, and the Center for the Management of Technological and Organizational Change.
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