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Currently, these issues do not appear to be priorities when creating accounting standards.
FORBES: How GAAP Accounting Rules May Be Damaging To Investors
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Businesses and economies should be rewarded for profits and growth, not for creating a creative new accounting system that makes money appear out of thin air.
FORBES: Now For A Taste Of Some Austrian Economics
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Congress is threatening to pass a bill creating a new Federal Accounting Oversight Board if FASB does not provide a change in fair value application by early April.
FORBES: The Croesus Chronicles
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Reason: In an effort to tighten loopholes, the government keeps creating new regulations for things like accounting and tracking components.
FORBES: Magazine Article
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Most businesses haven't spruced up billing and accounting to keep pace with the complex services, creating a system riddled with waste--paying bills for inactive lines, ignoring discounts and failing to spot employee fraud and curb excessive dial-up time from workers' homes.
FORBES: Dialing for Dollars
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One proposal, from Senators Jon Corzine and Christopher Dodd, is to look into creating a new oversight body akin to the quasi-governmental Public Company Accounting Oversight Board.
FORBES: Magazine Article
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By creating budgets with categories of funds, investors may gain psychological benefits from the mental accounting behind the bucket strategy.
FORBES: A Bucket Strategy For Retirement Income