Thanks to some dubious accounting, a large number of such schemes have not been funded properly.
ECONOMIST: The retired are always supported by their children
After the successful prosecutions of accounting fraud at WorldCom (now owned by Verizon) and Enron, said Jonathan Streeter at the Columbia Law School conference last month, the number of accounting scandals at large corporations fell dramatically.
In a statement to FORBES, SEC Enforcement Director Robert Khuzami argued that the task force was no longer needed because accounting expertise exists throughout the agency, and the number and severity of earnings restatements (a flag for possible accounting fraud) has declined dramatically since the mid-2000s.
FORBES: Is The SEC's Ponzi Crusade Enabling Companies To Cook The Books, Enron-Style?
The Sarbanes-Oxley law was enacted as a result of a number of corporate and accounting scandals.
FORBES: What Sarbanes-Oxley, Lawyers and Auditors Really Mean for IT
The number of jobs in accounting and management consulting, for example, grew by 20% between mid-1996 and mid-1997, according to the Orange County Business Journal.
In a number of areas, accounting standards are moving more towards methods that give an appearance of enhanced objectivity when in fact they are more subjective than ever.
FORBES: How GAAP Accounting Rules May Be Damaging To Investors
The short sellers moved in and with their success in uncovering a number of transparency and accounting issues at these reverse mergers, were able to drive down the prices of quite good companies with no problems, reasoned Williams.
FORBES: Go Public, Take Private, Make A Deal: The Big Debate in China
Teel ended up serving in a number of divisions, including accounting, personnel and marketing.
More than 100, 000 British citizens visited Sri Lanka in 2012, accounting for 10% of the total number of tourists.
While the bottom lines are being cushioned with loan loss reserves releases and accounting maneuvers like debt valuation adjustments the revenue number tells a more honest story.
FORBES: Forget The Jamie Dimon Show, Wells Fargo Has Another Stellar Quarter
India ranked 6th in number of deals, hitting 70 and accounting for 5% of the total.
Eighty-nine SEC enforcement cases for accounting fraud and disclosure violations in 2011 was the lowest number in ten years.
FORBES: The SEC And Accounting Fraud Enforcement: No "There" There
There are nowhere near the number of native Mac business applications for higher end accounting, customer relationship management and Office as for a Windows environment.
We believe that our due diligence review can be completed with minimal disruption, requiring only limited access to a small number of senior executives of Take-Two and its legal, accounting and financial advisors.
Add the four or so wins the present injuries might cost to those that the departures of Russell Martin and Nick Swisher will cost, and you do come to a number suggesting that the Yankees could be in trouble, even after accounting for how the returns of Gardner and Rivera will help.
We believe that our due diligence review would require limited access to a small number of senior executives of Take-Two, and its legal, accounting and financial advisors.
Finally, The Next Web asks if StumbleUpon just passed Facebook for social media traffic: according to analytics service Statcounter, the site has surpassed Facebook to become the number one website for generating social media traffic in the U.S, accounting for 43.34% of the market as January 2011 commenced.
Schapiro talked about a number of issues, but one she stressed strongly was the need for high quality international accounting standards.
The number of Mexicans applying has almost tripled since 2005 to 9, 400 in 2008, accounting for a quarter of all claims received.
Despite all the proposals to make accounting more transparent, pro forma obfuscations are as bad as ever--and cover a shocking number of public companies, according to data compiled by Multex (nasdaq: MLTX - news - people ), a New York financial research company.
There are a number of different ways of computing capital or equity, but for now we can use the simple accounting definition.
FORBES: A Debt/Equity Swap To Recapitalize European Banks: A Real World Example
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