Zahid Lilani – Technology and Social Media

SEC Takes Notice of Groupon’s Shady Accounting

Posted on 29. Jul, 2011 by Zahid Lilani.

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In my previous post, I pointed out that Groupon’s accounting doesn’t make sense and it is a gimmick to fool the average investor. Soon behold, SEC is now looking into Groupon’s accounting methods that raised eyebrows among investors and SEC itself.
Here is the problem in plain English.
Groupon’s gross profit accounts for the amount paid to [...]

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Not Worth the Time for Small Businesses to Embrace Social Media

Posted on 01. Jun, 2010 by Zahid Lilani.

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Being a small business owner, there is nothing more important to me than to get the word out about my tax and accounting services business. But is social media the answer? Does it pay off? I have trouble with all the experts and gurus saying that if you are not leveraging social media then you [...]

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