That may have been good economic policy, but it hardly promoted uniform accounting standards.
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Differences in accounting standards often explain away some differences in valuation between U.S. and foreign stocks.
One reader told me that the Chinese accounting standards were last updated in 2006.
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Financial Accounting Standards Board rules say that real property should be depreciated over 40 years.
Most companies I met with probably still under-estimate the importance of corporate governance and accounting standards.
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Some industries are beginning to define industry-specific water stewardship principles and water accounting standards.
As Petrobras adopts American accounting standards, more liabilities may emerge, perhaps in the pension fund.
DaimlerChrysler, a German-American car maker, frequently causes confusion because it reports under both accounting standards.
In May of 2011, the Financial Accounting Standards Board amended the standard Lehman had manipulated.
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The world's accounting profession is in the midst of a massive effort to harmonise accounting standards.
Without sound capital markets, regulatory regimes, and accounting standards, privatisation could simply increase incentives to cheat.
Atlanta-based Coke is officially adopting the Financial Accounting Standards Board 1995 recommendation for stock-based employee compensation.
Extensive knowledge of international Accounting Srandards including experience of International Public Sector Accounting Standards.
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The auditing firm says that it obeyed the principles laid down by America's Financial Accounting Standards Board.
And the government introduced tougher accounting standards last year, which require big companies to produce consolidated accounts.
The Federal Accounting Standards Board is considering new rules about how financial companies account for off-balance sheet holdings.
The effect of different accounting standards on earnings and other figures is now a hot topic in global boardrooms.
Currently, these issues do not appear to be priorities when creating accounting standards.
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The IASB and the IFAC signed an agreement in November to encourage harmonisation between public- and private-sector accounting standards.
On April 2nd, after a bruising encounter with Congress, America's Financial Accounting Standards Board (FASB) rushed through rule changes.
The accounting standards for both these trades and repo-to-maturity trades allowed off-balance-sheet treatment.
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European ministers instantly demanded that the International Accounting Standards Board (IASB) do likewise.
If Metcalf has his way, accounting standards will be legislated by a federal agency--the way meat standards or drug standards are.
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The Financial Accounting Standards board labored mightily to modify one of the most destructive principles of modern times: mark-to-market accounting.
IPOs require detailed financial statements and listing companies must abide by US accounting standards before being allowed on Wall Street.
Until the government or the Financial Accounting Standards Board requires companies to report more, this is the best figure available.
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The purpose of accounting standards is simple: to help investors keep track of what managers are doing with their money.
In the meantime, the Financial Accounting Standards Board (FASB) clarified the rules and gave banks, in particular, a potential defense.
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Schapiro talked about a number of issues, but one she stressed strongly was the need for high quality international accounting standards.
Now, as the Financial Accounting Standards Board again debates the treatment of options, the calculations behind their accounting are under attack.
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