When accounting goes unaccounted for
“We are pleased to have resolved this matter. We are committed to maintaining clear and accurate reporting of our periodic results, supporting our customers, and executing our growth strategy.”
~ Michael Dell doesn’t seem too broken up about today’s little setback.
“It is an important step towards a single global principle-based standard that would make it absolutely clear when revenue is recognised-and why.”
~ Sir David Tweedie is pretty happy with how the converged revenue recognition standard turned out.
“This is rearranging the deckchairs on the Titanic. To regulators, they have always been giving […]
“Russian companies have a range of resource and processing assets abroad and that’s why we should assimilate the international standards of accounting as early as possible.”
~ The Russian Prime Minister won’t be waiting until 2011 to make up his mind.