When accounting goes unaccounted for
“This…is wrong. To be clear, while I strongly believe in our commitment to high-quality accounting standards, I believe just as strongly that this commitment is only the beginning of the discussion, not the end.”
~ SEC Chair Mary Schaprio, on the Commission’s approach to IFRS.
“I think we got off to a good start yesterday. There are going to be ups and downs in this process but I’m confident that we’re going to be able to get it done.”
~ President Obama is making us nauseous.
“We spend about half a billion dollars a year on upskilling our employees. A big […]
“They’re never afraid to print rumor and innuendo. They’re keeping accountants and auditors honest, never afraid to write about the idiocy frequently displayed by finance professionals and executives.”
~ Tracy Coenen, of BloggingSuits and Fraud Files Blog on a certain website
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“It is self-debasing greed. It is avarice of the corrupted soul.”
~ Professor David Albrecht, Concordia College on those who will profit from a switch to IFRS from U.S. GAAP.