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Are my accounting system and my financial software able to cope with the single currency?
BBC: Surviving in euro land
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According to AICPA rules for auditor independence, PwC can support software development and implementation for its audit client if that system is not the financial accounting software that produces the books and records the firm will audit.
FORBES: PwC Ensures Oscar? Ballot Integrity In 'Partnership' With Everyone Counts, Inc.
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Gradually introduced and carefully explained, fair-value accounting should make for a more transparent and sound financial system.
ECONOMIST: Accounting
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In the past 20 to 30 years, banks have gone from the major suppliers of credit at the heart of the financial system to just another supplier of credit, maybe accounting for a quarter to 20% instead of 60% or 70%.
FORBES: Magazine Article
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The bursting of the commodities and housing bubbles would not have threatened the very existence of our financial system had it not been for the perversity of mark-to-market accounting rules.
FORBES: Magazine Article
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The article cited an analysis by a professor in Akita University that used generational accounting methodology to calculate the financial burden being placed on the next, unborn generation, of Japanese by current welfare system.
FORBES: Crushing Burden being Passed to the Next Generation