Understanding what methods of reporting misconduct are effective could help corporate management, government policy makers and accounting researchers to assess the effectiveness of their internal compliance programs.
On Thursday, a General Accounting Office official told Congress this policy may be illegal.
That may have been good economic policy, but it hardly promoted uniform accounting standards.
FORBES: Why Everybody's Jumping On The Accountants These Days
The record does not contain a copy of the insurance policy, nor does it reflect an accounting of payments, loans, interest, or dividends.
FORBES: Unfair Tax Court Decisions On Life Insurance Are Tip Of Unclaimed Property Iceberg
The Center for Security Policy firmly believes that full and honest accounting for U.S. POW-MIAs in Vietnam is a necessary, but not sufficient, precondition for normalization of ties with Hanoi.
Policy decisions are wrapped around the convoluted budget accounting that Congress and the White House use to obfuscate, dissemble and hide what is really being done.
WSJ: William Poole: A Primer for Understanding Obama's Budget
Upon reflection, policy is best defined using current-period accounting of carbon stocks and flows, ideally with direct, measurement-based, verifiable tallies of GHG emissions from the production and use of all fuels and feedstocks.
It is an angry book because Bill Isaac is by no means pleased with the string of policy blunders (mark-to-market accounting, pro-cyclical regulatory regimes from FASB and the SEC, the repeal of Glass-Steagall, etc.) that led to a global financial meltdown in the fall of 2008.
The Policy and Resources Committee said the bus inquiry will delve into legal and accounting issues, and both will be expensive to investigate.
BBC: NEWS | Europe | Jersey | Bus contract inquiry under debate
Nevertheless, there is a feeling that antitrust policy may have become too lax in fast-consolidating industries such as accounting, consumer credit and computing.
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