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The company was able to book record accounting profits in FY 2007 (the year ended March 31, 2008), but during the year days inventory increased to 48 days.
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Whereas the accounts of firms such as Berkshire Hathaway, headed by a guru of the old economy, Warren Buffett, are required by American accounting rules to record their tax liabilities alongside their capital gains, those of Softbank are silent.
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Security: Dr. Gropper believes there should Multiple Voluntary IDs (to limit aggregation) linked to centralized consent, transparent record locater services and accounting for disclosures.
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It is our hope to illuminate the importance of investment accounting and illustrate the dangers outdated record-keeping systems pose to the buy-side firm, its counterparties and the industry at large.
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While IGT may have fallen behind in coming up with flashy new games, the company manages to keep its customers in line by dominating the back room with accounting software that keeps a real-time record of the money that's being won and lost on each slot machine.
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Systems of engagement are different from the traditional systems of record that log transactions and keep the financial accounting in order: They focus on people, not processes (see the Figure).
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Accounting for the effects of inflation, the stock index hasn't been in record territory for more than 13 years.
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Accounting for this subtraction, fewer onshore acres were leased in 2009 than any other year on record.
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The record does not contain a copy of the insurance policy, nor does it reflect an accounting of payments, loans, interest, or dividends.
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Currently, almost any accounting system you can think of records mistakes of commission, when a deliberate act goes wrong, but keeps no record of mistakes of omission: things not done that should have been.
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