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The only problem with it, accountants at the trial testified, was that such an approach was not permissible under the accounting rules.
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While Enron disclosed the shift, it told investors and its accountants it had done so for efficiency reasons rather than to hide the losses, the complaints say.
Global Crossing said it had informed its accountants, Arthur Andersen, of Mr. Olofson's accusations.
"If there's a silver lining in some of these scandals, it's that there is more appreciation for what it is accountants do".
And I'm seeing it on every level of career, I mean, whether it be accountants, lawyers, or skilled blue collar workers, they ordinarily in any other economy previously would have been working.
"Look at it now, it's all accountants and lawyers, it's been taken over by big business".
Back then it was accountants who let Enron and WorldCom lie to investors.
He believes the dancers are misunderstood figures, that there is more to it than accountants waving hankies in a pub car park.
How is it that accountants, who are trained to deal with money, have so central a role in the annual celebrations of artistic talent?
Moore is himself a former partner at KPMG and it was accountants and professional advisors that failed more than anyone else, he believes.
Factory floors today often seem deserted, whereas the office blocks nearby are full of designers, IT specialists, accountants, logistics experts, marketing staff, customer-relations managers, cooks and cleaners, all of whom in various ways contribute to the factory.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com