In the Philippines, senior officials are required to file a statement of assets, liabilities and net worth each year in order to verify that they are not enriching themselves from their government positions.
In the Philippines, senior officials are required to file a statement of assets, liabilities and net worth each year to verify that they are not enriching themselves from their positions.
Also their series are constructed using a completely different data source and methodology (namely, the capitalization method using capital income flows and income statements by asset class).
When the wild game stopped with his arrest, prosecutors said, his customers had account statements showing assets of nearly $65 billion, when in fact only a fraction of that amount was on hand.
Lillian advocated not only for making domestic violence an element in any court evaluation about the "best interests of the child" but also for ending practices that resulted in fraudulent statements about assets.
Deliberately false statements concerning assets might be an example.
"It is very clear, in no uncertain terms, that the accounting standards require that rental payments for the use of someone else's assets are an expense in the income statement, not an asset on the balance sheet," he said.
I had to complete an asset statement.
The NCCC proved equally bold: in March 2000, it ruled that Sanan Kachornprasart, the secretary-general of the ruling Democrat party, had filed a false asset statement.
In his annual financial statement, Mr. Clinton reported assets of $1.2 million to $5.7 million, similar to the figure for 1998.
