Think of a number. (accounting standards)
Economist (US), The, January, 1992
The Financial Accounting Standards Board has enacted a new rule stating that businesses must publish up-to-date values on all their credits and debits. The rule attempts to bring more consistency to the nation's accounting systems, but critics are saying it will cause more problems.
ACCOUNTING regulators worldwide IN are trying with unaccustomed boldness to close some of the worst gaps in company accounts. Days after Britain's Accounting Standards Board published plans to reform companies' profit-and-loss accounting and the treatment of their financial assets, its American counterpart, the Financial Accounting Standards Board (FASB), launched a controversial new rule forcing all businesses to publish up-to-date values of their financial assets and obligations....
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