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Investigative Reporting: Tackling topics through financial statements, footnotes ASBPE National Conference Aug. 4, 2011, Chicago, IL Ceci Rodgers [email_address] Lecturer, Business and Economics  Northwestern University Medill School of Journalism
B-to-B investigative reporting ,[object Object],[object Object],[object Object]
Approaches ,[object Object],[object Object]
Financial data-based reporting ,[object Object],[object Object],[object Object],[object Object]
Some likely topics: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How? ,[object Object],[object Object]
Taken from the headlines: ,[object Object],[object Object],[object Object]
10Q’s, 8K’s and 10K’s ,[object Object],[object Object],[object Object],[object Object]
10Q’s, 8K’s and 10K’s ,[object Object],[object Object]
10K: Annual report, notes, footnotes ,[object Object],[object Object],[object Object],[object Object]
10K: Don’t ignore the annual report ,[object Object],[object Object],[object Object],[object Object],[object Object]
Motivation: Enron ,[object Object],[object Object],[object Object]
Huh? ,[object Object],[object Object],[object Object]
Example: Caterpillar Inc. ,[object Object],[object Object],[object Object]
CAT Annual Report (10K) ,[object Object]
CAT Annual Report (10K) ,[object Object],[object Object],[object Object]
Resources on the Web ,[object Object],[object Object]
Resources on the Web ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Resources on the Web ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
FOIA ,[object Object],[object Object],[object Object]

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Ceci Rodgers: Tackling Topics Through Financial Statements and Footnotes

  • 1. Investigative Reporting: Tackling topics through financial statements, footnotes ASBPE National Conference Aug. 4, 2011, Chicago, IL Ceci Rodgers [email_address] Lecturer, Business and Economics Northwestern University Medill School of Journalism
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Notes de l'éditeur

  1. Techniques that can be helpful whether the story you want to tackle is based on data from company financial statements or based on a tip from a source.
  2. Federal corporate tax rate = 35 percent Illinois’ corporate income tax rate: 7 percent through 2014 (up from 4.8 percent) But actual or effective corporate tax rates are much different.
  3. Occupational licensing boards can tell you whether
  4. SEC: corporate filings, regulatory actions FASB: accounting standards, comment letters on proposed changes to standards, etc. FINRA: financial education and calculators: broker check, mutual fund analysis, etc. GSA: Fun stuff, including a procurement database, a list of private contractors. You can cross-check against campaign contributions;