Excluding charges for accounting changes, the company has made money every year for the past decade.
Last year they contributed 19% of the company's income before restructuring and accounting changes.
One reason may be accounting changes which make pension-fund managers more focused on the short term.
In practice, accounting changes may have forced pension funds to pay more attention to the short term.
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Mr Straw said that the accounting changes were introduced, on police recommendation, in order to produce a more accurate picture of the true level of crime.
He added that he carried out work at the direction of senior management to make accounting changes "for which I knew there was no justification or documentation".
Profits have also been flattered by recent accounting changes.
Furthermore, she makes no accounting for changes in the industry that have occurred over the last decade.
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Corporations became heavy sellers of auction rate securities last year even before the credit crisis, because of accounting rule changes that made them less advantageous.
Hologic, like many employers, had moved to a safe harbor ESPP with reduced benefits after accounting rule changes in 2006 required companies to recognize a compensation expense for ESPPs.
The Financial Accounting Standards Board is mulling changes that would make rules on accounting for goodwill less onerous for those firms that pay cash for their acquisitions.
HCA's recently improved earnings, Ms Bryan contends, are largely due to changes in accounting and billing models.
Last week rivals including Morgan Stanley also managed to squeeze out profits thanks to accounting maneuvers resulting from changes in debt-related credit value.
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Recent changes in accounting rules will amplify this, because it has become harder for banks to spread the building of reserves over the cycle.
And yet when you perform a fan's accounting, the picture changes.
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Today things are different, the Labor Department is saying when it changes its accounting practices to categorize people within a wider range of duration of unemployment.
While we knew that some people could not afford to make the home purchases that they did, we did not recognize that their numbers would be swelled by the simultaneous lowering of underwriting standards, changes in accounting rules and a slowing economy diminishing the income potential of both new buyers and current owners.
Dynamic pricing allows greater pricing flexibility by accounting for real-time changes in consumer demand.
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Paul Golding discussed databasing skills and John Brayshaw explained changes to party accounting and financing.
Rule changes at Financial Accounting Standards Board and the SEC in 2007 tilted the investment field crazily to the advantage of short sellers from November 2007 until April this year.
These allow us to assess more rapidly any movement as the market changes more quickly than accounting.
No doubt the decor changes are worth the accounting efforts.
In the interim, earnings had faltered, the Securities and Exchange Commission launched an accounting probe and the company made several changes in top management.
HSBC's underlying profits - which ignore one-time accounting effects as well as the impact of changes in the bank's creditworthiness - rose 18%.
The Financial Accounting Standards Board, established in 1973 by the AICPA and four other professional groups to set all accounting principles, is due for some organizational changes.
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On April 2nd, after a bruising encounter with Congress, America's Financial Accounting Standards Board (FASB) rushed through rule changes.
That is, the benefit to the capital market of improved financial information must be weighed against the cost of any changes in economic behavior induced by new accounting rules.
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In recent years, there has been concern that foreign investment in the United States is waning, partially from protectionist sentiment and partially from changes in U.S. regulations and accounting procedures that might induce foreign firms to set up operations in other countries.
Assume further that A does not liquidate the corporation, but rather keeps it running in case he changes his mind and wants to try his hand at accounting once more.
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