NMSU Business Outlook: December 2012

It would be beastly, if it’s true

Matthew Holt

Title VII of the Civil Rights Act makes it unlawful to discriminate against an employee because of his religion. The New Mexico Human Rights Act, similarly, provides broad protection against discrimination based on an employee’s religious beliefs and practices.

Complete Article: It would be beastly, if it’s true

The Importance of Disclosure for Fair Value Accounting

Kevin Melendrez

Fair value accounting has received substantial attention during the last five years. In fact, there was much criticism of fair value accounting during the financial crisis, which has been a part of Generally Accepted Accounting Principles (GAAP) for many years. However, the passage of FAS 157 by the Financial Accounting Standards Board (FASB) in 2006 heightened the scrutiny of fair value accounting.

Complete Article: The Importance of Disclosure for Fair Value Accounting

Talking Points

Christopher A. Erickson

Statewide employment declined 0.7 percent compared to a year previous according to the establishment survey. The state ranked 49th out of 50 states for the second month in a row, beating only West Virginia in job growth. Las Cruces is hemorrhaging jobs at a rate of 3.7 percent. Las Cruces is currently suffering its worst economy since May 1991.

Complete Article: Talking Points


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