To say the same after applying fresh-start accounting would be a statement of fact.
First, economic planners and bankers have to start accounting for the hidden cost of carbon in power plant feasibility studies on their own volition.
If you know a lot of facts about a certain field like taxes, accounting, business start-ups, art collections, history or any topic you can think of then you could possibly become a consultant.
New accounting rules demand that they start valuing their equity portfolios at market value at the end of this month, which could constrain their ability to pay dividends out of retained earnings.
Although the Court did not force the SEC or Congress to start over with the accounting regulator, the appointment of three new Board members in January, including a new Chairman, gave the PCAOB a chance to renew its sense of purpose.
FORBES: PCAOB Auditor Identification Proposal Signals Slow But Steady Reform
And the decline in plans to start businesses exists even after accounting for those who already started companies.
FORBES: Kids Lose Interest in Entrepreneurship as They Get Older
It is kind of sad because compared to many professions public accounting got off to a relatively good start.
FORBES: How To Shatter The Public Accounting Glass Ceiling ?
Municipalities should adopt better accounting standards, dole out saner pensions and start rainy-day funds all of which might help in recessions yet to come.
ECONOMIST: The straits of cities and counties are hurting the recovery
Elan, which makes drugs to treat diseases such as Alzheimer's and multiple sclerosis, has seen its share price plummet over 90% since the start of last year due to accounting concerns.
At the start of the year when I included Lime in my list, its accounting problems were well known and ongoing.
In 1985 I became VP of Sales for a start-up called Applied Control Systems (ACS) that made PC based inventory and accounting software for restaurants.
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