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The other will delve into the adequacy of current financial reporting requirements.
Computer Associates said it believed that its current financial reporting was sound.
Accounting students need to be familiar with the content of Exposure Drafts, since these documents reflect the Financial Accounting Standards Board's (FASB) position on current financial reporting issues.
My article concludes by drawing on this comparative experience to propose principles that could guide the SEC in incorporating a comply-or-explain approach to ESG reporting within the current financial reporting.
"The restatement involved the movement of revenue from one quarter to another," said Walter P. Schuetze, the head of Computer Associates' audit committee and the former chief accountant of the S.E.C. "The board is confident that C.A.'s current financial reporting is sound".
The problem is that the current financial reporting system is a dog's breakfast of inconsistent rules that provide little information to investors about the value of marketing assets.
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Mrs. Ferdon said that posting campaign goals and results, as well as current financial reports, was not among the standards that the local organizations must meet to use the United Way brand.
That comment was unfair to the thousands of quality corporate leaders and implied that the current state of financial reporting was in shambles.
"Nobody wants Freddie Mac to get current on its financial reporting and become an SEC registrant more than we do," said finance chief Martin F. Baumann Martin F. Baumann.
If those trends continue, the millions of tonnes of waste incinerated will overtake the amount sent for recycling by the end of the current financial year, a report by the Green party found.
The charity sector is facing local and national government funding cuts of between £1bn and £5.5bn in the current financial year, a report suggests.
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