Report: New York AG Probing Exxon's Impairment Policy

摘要

While peers have absorbed billions of dollars in asset write-downs since oil prices began to collapse, Exxon Mobil has kept a clean sheet, carrying on a long tradition of avoiding impairments. The policy has occasionally raised questions from equity analysts and even the US Securities and Exchange Commission (SEC) over the years, and now New York Attorney General Eric Schneiderman has reportedly taken an interest in Exxon's accounting practices.