Nasdaq puts Apple on notice

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Crooks, I think not...

The vast majority of small and large business do comply with
GAAP however, our government changes their own rules (that
they themselves don't comply with). As that happens businesses
need to revisit present and past practices that at the time were
completely legal and in complience but, now with the new rules
put them in question. So question is, is the corporations
accounting or the government rules change that should be in
question? Both perhaps.

A few years ago the government changed complience rules as to
how they would accept accounting data; they changed how items
are to be accounted for. This put many if not most large and
small business in an accounting tail spin. Not because they did
anything at all wrong it was because of our government
changing complience rules so those business looked as though
they were not in complience.

I'm not saying the complience changes were good nor bad
maybe needed perhaps. What I'm saying is the businesses are
not crooks it's just the rules change for playing the game so the
business look bad.

Posted by: RicD_   Posted on: 08/11/06 You are currently: a Guest | Members login | Terms of Use

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