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He argues only that loopholes in derivatives accounting make it hard to spot dodgy deals.
That kind of thing would be a lot easier, and a lot cheaper, than the studios' current methods of trying to hedge exposure and sell risk: the financing arrangements behind a typical Hollywood movie, with countless co-producers and incomprehensible accounting, make the average collateralized debt obligation look simple and transparent.
Unfortunately for Lucent, the rules of accounting make it impossible for it to "pool" assets (after the spinoff from AT&T) for a few more months.
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The development of national income accounting made this possible.
Russia's spotty system of medical accounting makes it impossible to know.
The government's opaque accounting makes it impossible to know how it has used the money.
"Bad accounting makes bad decisions," Cooper says.
"Working time accounts" make it easier to avoid redundancies.
One assumes that Chiantore's study is more nuanced than news accounts make out.
Those accounts make up the bulk of the information in your credit report.
If customers know they'll routinely meet the requirements, the accounts make sense, he said.
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