Exact(3)
Many accountants have agreed for decades that lease accounting needed to be reformed, but accounting rule-making is a slow procedure, particularly when there is sharp opposition from companies.
The restatements came about because auditors from PricewaterhouseCoopers said accounting needed to be changed for the expected recovery on some Ohio assets and certain other items.
However, the message indicates, the Andersen team was not willing to go back and tell Enron executives that the accounting needed to be fixed, which would require the company to declare a charge against earnings.
Similar(57)
If one uses budgetary costs to justify taxing particular consumption goods, the accounting needs to be honest and complete.
Which makes it distinct from Hank Paulson's TARP, which is also a government run charity, to which Tim Geithner doesn't think any fund accounting needs to be applied!
As it turned out, the company had upgraded some hardware and the settings on his account needed a simple tweak.
But in October last year McGowan took a leave of absence while the board investigated if the accounts needed restating.
"The fewer the reporters, the fewer the first-hand accounts needed for citizens to form knowledgeable opinions of the war".
Many users found they could not create the online accounts needed to see what health plans were available.
But then some accounts needed no embellishment: A negress was hung this year [1854] in Alabama, for the murder of her child.
By contrast to the R.N.C. and its fund-raising success, the D.N.C., by many accounts, needed to be shaken up when Mr. Dean took over.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com