Monday, February 15, 2010

FT.com / UK - Deloitte chief reignites debate over accounting for banks' losses

An accounting article from the Financial Times that is really interesting (yeah I didn't know such animal existed either).FT.com / UK - Deloitte chief reignites debate over accounting for banks' losses: "Politicians and regulators have blamed the current system of 'incurred losses' - whereby companies may make provision for loan losses only as they occur - for exacerbating the crisis, by

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