06 Apr 2009
US Treasury secretary Tim Geithner has been slammed for failing to tackle fair value accounting as part of his recovert plans.
One of the real failures of Geithner’s plan was to fail to address this fair value issue,' said Alex Pollock, a resident fellow at the Washington-based American Enterprise Institute who is a vocal critic of mark-to-market rules. 'A comprehensive plan would have to fix fair value accounting.'
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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