US: Ford set to eliminate valuation allowance in 2011

Ford is thought likely to may make an accounting change in 2011 to reflect confidence in its ability to generate positive earnings for the foreseeable future. According to a Bloomberg report, citing the view of a tax expert, the company could boost its 2011 reported profit as much as US$13bn Subscribe to Automotive World to … Continued

• By Webmaster
• March 4, 2011