When accounting goes unaccounted for
“They will help investors to better understand off-balance sheet risks, and to alert them to the possibility of so-called window dressing transactions occurring at the end of a reporting period.”
~ Sir David Tweedie talking up the new rules that were published by the IASB today.
“No bureaucracy ever thinks it has all the power it needs.”
~ Joe Kristan can’t see the future (to our knowledge) but he did predict that the IRS would try to extend the tax preparer regulations to CPAs.
“[It was] crudely beneficial for us.”
~ Lucy Prebble, playwright, on the timing of the economic collapse and “Enron,” her play set to open in New York next week.
In a Bloomberg Law article that looks suspiciously like a thinly-veiled advertisement for Philadelphia law […]