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He suggests "financial statements insurance", in which firms would buy coverage to protect shareholders against losses from accounting errors, and insurers would then hire auditors to assess the odds of a mis-statement.
Know where your accounts, credit card statements, insurance documents, will, etc. are.
NSLs can be used to obtain an individual's phone use data, financial statements, insurance and business information.
He used his background in graphic design to create documents to mislead (financial statements, insurance cards, etc).
Save bills, claims, statements, insurance correspondence, and receipts.
Look for vital statistics, military records related to benefits, bank statements, insurance policies, social security statements, information regarding retirement accounts, vehicle titles, mortgage statements, loan documents, kids' school records and contact lists, credit card statements, checkbook statements, and stock certificates.[4].
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As a solution you propose that companies be required to obtain financial statement insurance, with the insurers rather than the companies paying for the audits.While this solution is well intentioned, it is naive.
The offering statement, insurance experts say, illustrates how common symbiotic relationships between brokers and insurers are in the insurance business.
Instead of appointing and paying auditors, corporations should be able to buy financial-statement insurance.
Financial-statement insurance is the most practical and efficient solution, for it would use the incentives of the market.
Should companies be required to obtain financial statement insurance, it will be only a matter of time before the insurance companies use their political connections to obtain regulations that limit their liability to very narrow situations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com