Accounting

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Wall Street wrong to blame credit crisis on accounting
(vnunet.com - Jul 9, 2008)

Kevin Reed, Accountancy Age , Wednesday 9 July 2008 at 10:06:00 JPMorgan Chase chief slams Wall Street for blaming credit crunch on acocunting rules JPMorgan Chase & Co's chief executive has slammed Wall Street bosses for blaming the credit crunch on accounting rules. Jamie Dimon said in an interview with Charlie Rose with US...

feeds.vnunet.com/c/554/f/7147/s/16a23eb/story01.htm

Accounting scholarships to give 300 undergrads a headstart
(Straits Times - Jul 9, 2008)

THE accounting industry is dangling a new generous incentive scheme lure more graduates into the profession.

www.straitstimes.com/Latest+News/Singapore/STIStory_256177.h...

New accounting plan gaining momentum / U.S. firms could file reports under international rules
(San Francisco Chronicle - Jul 9, 2008)

The Bush administration and the Securities and Exchange Commission are pressing forward with a plan that would allow American companies to opt out of using U.S. accounting standards in favor of international ones as a way to ease global business dealings and...

www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/07/09/BUEF11L...

Former accounting professor always challenged his students
(Central Michigan Life - Jul 9, 2008)

Woodrow "Woody" Eber is remembered by his former students as a helpful professor and an honorable man. "He was honest and hard working. His word was his bond," said Accounting professor William Hood, Eber's former student in the 1970s for tax accounting and auditing.

www.cm-life.com/news/2008/07/09/News/Former.Accounting.Profe...

Fannie Mae, Freddie Mac shares bounce back amid speculation about impact of accounting rules
(Minneapolis-St. Paul Star Tribune - Jul 8, 2008)

NEW YORK - Shares of mortgage financiers Fannie Mae and Freddie Mac bounced back Tuesday, a day after plunging over worries the pair might need billions of dollars in new capital if a new accounting rule is put into effect.

www.startribune.com/business/24072164.html

Push for New Accounting Standards Gains Speed
(Washington Post - Jul 8, 2008)

The Bush administration and the Securities and Exchange Commission are pressing forward with a plan that would allow American companies to opt out of using U.S. accounting standards in favor of international ones as a way to ease global business dealings and help corporations raise capital around the world.

www.washingtonpost.com/wp-dyn/content/article/2008/07/07/AR2...

A closer look at the proposed accounting for small and medium-sized entities (SMEs)
(Philstar.com - Jul 7, 2008)

The full adoption of the International Financial Reporting Standards or IFRS that started in 2005 has posed a big challenge for many entities.

www.philstar.com/scripts/articles.php?%26aid%3D2008070717%26...

Nene wants GMA to account for P55-B discretionary funds
(Philstar.com - Jul 7, 2008)

Senate Minority Leader Aquilino Pimentel Jr. asked President Arroyo yesterday to make an accounting and explain how her administration is spending the more than P55-billion fund for relief operations and other social programs of Malacañang.

www.philstar.com/scripts/articles.php?%26aid%3D20080707171%2...

Relief agencies are falling behind trying to meet increased needs
(The Virginian-Pilot - Jul 7, 2008)

Joyce Anne Davis is not the typical client to come knocking at The Salvation Armyandrsquo;s door. She has a degree in accounting. Sheandrsquo;s 31 years old, and married with two daughters, 12 and 13. And she donates time and money to her church. But after her family spent a weekend eat ...

hamptonroads.com/node/471578

Accounting and Consultancy
(Mondaq - Jul 7, 2008)

In good times, many legal questions may be academic. But when there is a crisis, whether basic legal principles have been followed becomes a vital question.

www.mondaq.com/article.asp?articleid=63054