Moody Aplus

June 2007 + A Plus [ 31 ] international companies don't speak U.S. GAAP. Analysts at Moody's, for example, don't use the reconciliation when they analyze companies, says ...

Moody's Investors Service said the flexibility on when financial assets can be reclassified can "potentially distort the earnings and capital position of banks."

Rating agencies such as Standard & Poor's and Moody's came under fire for assigning top ratings to mortgage-backed securities that collapsed in value during the financial ...