![]() Miller disclosed in January that the SEC would look at GE's revenue recognition and its controls for long-term service agreements. The Securities and Exchange Commission has expanded its investigation into accounting issues at General Electric, now looking into a 22 billion impairment. Consider another atom in the group IV column of the periodic table, germanium (Ge). The SEC's initial probe was looking at both the $6.2 billion after-tax charge GE took in the fourth quarter of 2017 as well as the $15 billion reserve increase GE would make to shore up the GE Capital portfolio. The SEC opened an investigation of GE's accounting practices in the wake of the company's review a year ago of its GE Capital insurance portfolio. "The SEC can ultimately look at anything they want." When the pointer is directly on a number. Shares of the Boston-based company, which also reported a decrease in earnings and revenue, were down more than 10. ![]() The fact that the SEC is in there, and we know that they've expanded the scope of what they're looking at, means it could lead to further expansion," Gordon Haskett's John Inch told CNBC. When reading an electric meter, read and write down the numbers as shown on the dials from right to left. GE (NYSE: GE) made the disclosure as part of its third-quarter earnings report. For example, the conglomerate has business operations in the energy, oil and. Last week, the US conglomerate GE revealed a set of writedowns that would lead to it impairing by 17bn some businesses that cost it only 10bn to begin with. In this case of General Electric, the remote or macro-environment is composed of various industry environments. "At the end of the day GE evokes aggressive accounting. The PESTEL/PESTLE analysis model is an external analysis tool that evaluates the opportunities and threats in the company’s remote or macro-environment. Shares had jumped as much as 2 percent in premarket trading after GE announced its earnings results and dividend cut. GE's stock fell as far as $9.87 a share in trading, ending the day down 8.8 percent at a new nine-year low of $10.18 a share.
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