Unless, that is, there is never any moment at huge banks like UBS when book profit is reconciled with cash profit - so that all profit is only what is shown by the internal accounting system, even if some of the entries in that accounting system are fictional.
On top of all this, the accounting profession's critics have one more small request: They want a system of accounting that is as useful to government policymakers, consumers and other groups as it is to investors and creditors.
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Replacing the legacy systems with a more optimal accounting system and platform it can help a firm in areas that go well beyond accounting.
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Yes, the Court said, the plaintiff could copyright his book explaining the system of accounting, but that copyright would not extend to the forms themselves.
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Certainly Android has established itself as the largest smartphone operating system, accounting for, by the third quarter of this year, 75% of shipment volumes of smartphones.
Karma, a cosmic accounting system of checks and balances (the ultimate exercise, perhaps, in self-metrification).
This included encouraging carbon trading in pilot regions and the establishment of a national carbon-accounting system.
Whipping the Pentagon's accounting system into shape would save untold billions for years to come.
We started our business on a few thousand dollars and a shrink wrap accounting system.
The easy approach is to use ABC software in conjunction with a company's existing accounting system.
But our accounting system is QuickBooks and our customer relationship management system is GoldMine.
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Hanging over BearingPoint's head are a failed accounting system and possible violations of federal antibribery laws.
Are my accounting system and my financial software able to cope with the single currency?
He gave warning that the current system of budget accounting seriously underestimated the government's future liabilities.
Your accountant should be able to advise you on how to get that cost accounting system in place.
At the same time, the profession is trying to hammer out a better system of producing accounting principles.
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In particular, he gave warning that the current system of budget accounting seriously underestimated the government's future liabilities.
In March 1999, auditors warned Keith Mitchell, Grenada's prime minister, that First International had no proper accounting system.
For example, your accounting system will tell you that a customer has left.
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If your cost accounting system is not up to snuff, or does not exist at all, where do you begin?
Whatever the accounting system, investors will have their own views on the value of balance sheets, and will mark accordingly.
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She donated to help set up a library--and promptly began to design several business operations, including an accounting system and the profit-sharing plan.
Based on that knowledge a company can then decide whether it would make economic sense to switch the whole accounting system from Sterling to euro.
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.
Despite the fact that we rapidly outgrew that accounting system, cursed it daily, constantly looked at wonderful alternatives, and even allocated budget, we never replaced it.
The school can use whatever accounting system it deems appropriate to determine the average cost of attendance without controls from the NCAA or Congress for that matter.
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We were afraid to find ourselves with the worst of both worlds: an old accounting system no longer functioning and a new one not yet on line.
What the fed creates are entries in an accounting system which give the banks permission to act as if there is extra money on their balance sheets.
The reason why all those accounting system sales reps vying for our business never got a sale is that they never addressed our fear of the regressive stage of change.
She left her senior position with a major technology vendor in 2005 and set out to build a global investment accounting system that would look at the world in a position centric, multi-jurisdictional way.
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