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Grill the chief accounting officer about core accounting policies and financial reporting systems.
FORBES: Surviving America's Worst Job
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Whether coincidentally or not, quite a few companies are in discussion with the SEC over the appropriateness of their accounting policies.
ECONOMIST: Swearing by the numbers
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The NAO's Comptroller said he had also qualified his audit opinion because the department's accounting policies were not fully compliant with International Financial Reporting Standards.
BBC: Watchdog refuses to sign off 'problematic' MoD accounts
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In terms of accounting policies, firms using the last-in, first-out (LIFO) inventory cost valuation are more closely matching costs and prices in an inflationary environment.
FORBES: What You Should Know About Inflation
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Regulators have said that they want to eliminate by 2009 the need for foreign firms to reconcile their accounting with U.S. policies.
FORBES: Going Global With Accounting
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That set of policies and procedures, enacted by the new accounting regulator, the PCAOB, replaced the initial instructions auditors had interpreted very strictly and very lucratively.
FORBES: Navistar Sues Deloitte Proving No Statute of Limitations On Idiocy
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Uncertainty about tax and spending policies is at the root of the gloom, said John Viehmeyer, CEO of accounting firm KPMG's U.S. operations.
NPR: CEOs Head To Davos More Pessimistic About 2013
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The working group will gather scientific evidence to determine the role of coastal vegetated ecosystems in carbon storage and sequestration, encourage the inclusion of these systems in national carbon accounting, and consider their conservation and restoration as a viable mitigation strategy under existing climate regulation policies.
UNESCO: Social and Human Sciences