Wednesday, November 12, 2008
Accounting changes are coming, and I feel fine
With all apologies to REM It's the end of the world as we know it, and I feel fine.A New Vision for accounting: "Some of the major changes under discussion: reconfiguring the balance sheet and the income statement to follow the three categories of the cash-flow statement, requiring companies to report cash flows with the little-used direct method; and introducing a new reconciliation schedule
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