What are some of the pros and cons of this sort of “asset-based” financing? Why did Falcon take the inventory on its books?

All is not “well’s” when a “Wells notice” is issued. What is the potential violation at UA?

Are you surprised at the amount of loan loss provisions at GS, JPM, C? What does it signal about the economic outlook in general and about the firm specific outlook? Can you do the journal entries? Are they cash or non-cash? What is the cash flow effect?

Why would BP and Royal Dutch Shell write down the value of their reserves, whereas Exxon has not?

Do you think virtual IPOs will replace in-person IPOs? What is a disadvantage of the former over the latter?

How would you characterize Chairman Golden’s tenure at the FASB?

Firms have stockpiled cash because of the pandemic. Why? What will they most likely use the cash for? Will it flow to investors (dividends, share repurchases)?

What is the downside of zero-based budgeting? Would you implement it at your firm when you become CFO? Why or why not?

If you were CFO, how would you handle guidance to Wall Street analysts? Widen the range? Pull it altogether?

What kind of accounting issues do you expect at ULTA (across all 3 main statements), given its review of its stores in the covid era?

What is the “bet” of entering into a pre-issuance hedge to lock in borrowing rates for future debt, as Dominion has done? That is, what must happen for Dominion to “win”? To “lose”?

Would you buy Macy’s bonds? Does 8.375% adequately compensate you for the risk?

What is your opinion about Chinese companies being taken off of NYSE for not allowing audit inspections?

Are you interested in this job (Chair of the UK’s Financial Reporting Council)? What would make an ideal candidate?

Is CSR some sort of a “luxury good”?

Do you think a going concern opinion is a leading indicator of financial viability? Why or why not? If lagging, what is the value of such an opinion?

What are the benefits to a lender/investor of using convertibles? What are the benefits to the borrower/issuer? What are the downsides to both parties? Why are the bonds now being used more?

Online is the new reality, at least for now, replacing onsite. Re: the annual shareholder meeting for public companies, what are some of the pro/cons for shareholders? For management?

The wave of loans has not gone bad yet, but banks have recognized the losses now. What/where exactly is it in the accounting standards that requires the forward, anticipated, losses be recognized now?

“Professional skepticism” always, if you become an auditor, right? How is it operationalized on the job?