Basic parts of the conflict between Mike Mayo, an analyst with the influential banking and Citigroup that Mayo believes aggressive accounting. Mike Mayo issues Citigroup, no valuation allowance against deferred tax assets, despite the recent loss of Citi. The case is considered the economy and accounting for deferred tax assets. It also aims to manage analyst relations and the problems faced by analysts in giving a negative opinion of the company. The inclusion of deferred tax assets in Tier 1 capital and the implications for regulatory capital are also discussed. "Hide
by Suraj Srinivasan, Amy Kaser Source: Harvard Business School 22 pages. Publication Date: August 26, 2011. Prod. #: 112025-PDF-ENG