Accounting Quotations | Page 3

A lot of people thought there would be new accounting issues and there were none.

A lot of the legal firms and accounting firms that had locations in South Hampton Roads opened locations on the Peninsula. What we are trying to do is not different than what happened before.

A merger this huge creates a maze of affiliate transactions and accounting that will be difficult to oversee and audit.

There was no improper accounting of money. All money was appropriately accounted for,

There's a cost associated with properly accounting for all of your income and personal dealings, and most people don't want to pay it.

There may be some parts of this company that may be worth buying, but the accounting isn't clear. You have to do the due diligence.

This is a very, very significant win for the government. As chief accounting officer, he knows where the financial skeletons are buried.

They're hiring consultants. They're hiring accounting firms. They're buying software. Everything is changing.

There's clearly increasing sophistication among investment products our clients are using. We are able to manage many of those types of products internally on existing accounting platforms...but if you really want to provide a deeper level of information, then you simply look for a higher level of automation of capturing what I describe as those held-away assets.

Accounting software is the first strategic business application that many small firms purchase, making it an important on-ramp for other business applications, which need to integrate with the accounting solution, and a first step towards higher end financial solutions.

Accounting is a hot domain with the number of accounting majors up nationwide. I think the recent scandals have brought a new level of attention to the accounting profession as gatekeepers and custodians of social interest.

Accounting errors were made; they will be corrected and they will be disclosed, ... Internal practices are being, and will continue to be, enhanced.

Accounting concerns continue to dominate the market. We're going to be seeing this 'Prove it to me' investing for a while.

Accounting and other issues are still overriding the market. There have been some reasonably good economic numbers but the earnings situation hasn't gotten as good as it could. You could make a case for the bull and the bear.

It's a shock and a surprise. With the resolution of accounting issues, a new president and new CTO, the company was moving forward.

It was the latter that set off alarm bells in the accounting department, which might have been willing to let the plane pass, but not one with floats.

It's not that Japan or Europe have better accounting systems than we do,

Forensic accounting is not new. Accountants have provided fraudulent financial records investigation and litigation support to corporations, government and law enforcement for decades.

For 2005, we again generated industry leading operating cash flow, despite lower earnings resulting from industry-wide cost pressures and the impact of several non-cash accounting write-downs.

It's only with that kind of full accounting that you can have any assurance that the practice has stopped and will be prevented.

It's taken investors a lot of time to overcome the fear and uncertainty we've seen as a result of terrorist attacks, potential war with Iraq, accounting scandals, etc.,

It's going to come in pieces because that's how our accounting is coming to us.

It's a very good job hunting season. The average starting salary for accounting and finance majors is around $35,000, for business and management majors it's $36,000 and computer sciences majors top the charts at $46,000 average starting salaries.

It's really getting treated with skepticism. Investors have turned in their rose-colored glasses for accounting visors.

Do not lock yourself into an egotistical and a purely (financial) accounting approach to football.

Even with a lot of the accounting stuff out, they've still got to make the jury understand the underlying fraud, and that's where I think Sean will shine.

That's one option voters and non-voters embrace. It puts undocumented immigrants into some kind of accounting system.

It's something of an uplifting experience for us in the investing community to see that companies really are taking their accounting seriously. An exercise that CEOs seemed to treat as rote and automatic is viewed totally differently.

Everybody seems to that probably the state is not accounting correctly for the money,

The beautiful thing about computers is that they are really, at their core, accounting machines. They love to count things. Social relationships are countable.

It's impressive, but it's probably technical. We still have these accounting questions.

It's a mildly positive report, even though a long list of major accounting errors is never good.

It's very important that we bring credibility, which is integrity, to our capital markets. And we're going to have to do this by strengthening in a big way our accounting profession.

The vote during this weekend's meeting on the compromise, or 'alternate proposal,' is not necessarily prologue to passage up the NAIC committee hierarchy and certainly not in legislatures. Regulators will have to take into account what legislators think about the internal accounting content in the proposal that is derived from Sarbanes-Oxley.

The U.S. government uses cash accounting. That is illegal for any enterprise of any size in America except for the U.S. government. Every for-profit business, every not-for-profit business, every state and local government has to use real accounting except for Uncle Sam.

They were all excited and eager to work. We even found a worker with three to four years of candy-making experience and one with a strong accounting background, ... We're now working out some transportation arrangements to get them to and from Camp Williams to their job sites.

The new accounting standards won't significantly affect Cheung Kong's underlying profit until the second half when both rental income and the value of its investment properties are expected to continue to rise.

Small business managers recognize that stand-alone systems inhibit productivity. A company may need to integrate its Web site with its accounting program, for instance, but implementation is daunting without the expertise. It's hard to add staff to solve the problem because the talent isn't out there at an affordable price. Having permanent onsite IT staff may not be the best option, anyway. Independent technology consultants are readily available, trained to evaluate and implement solutions that minimize disruption, reduce system fragility, and deliver systems that streamline operations and improve productivity.

Small businesses are searching for a flexible, functional solution that will quickly and painlessly help them manage daily accounting tasks and also support a company's growth and evolution, from startup to mid-market. With its ease-of-use, depth of features and integrated components, Small Business PRO fully meets these expectations so companies can capitalize on the power of automation to increase efficiency and remain focused on advancing their business to the next level.

Skilled accountants are always in demand, and companies that proactively seek top candidates will be best prepared to take advantage of new business opportunities. A shrinking labor pool, created by low enrollment in accounting programs during the late 1990s and the expected exodus of millions of baby boomers from the workforce in the coming years, has intensified the competition for these professionals, mandating that recruiting be an ongoing process for companies of all sizes.

That's a pretty big national event and we felt fortunate to get to the finals. We'd hoped to win it but I think we gave a pretty good accounting for ourselves and we're ready to go to Texas next weekend.

The Federal government has not committed sufficient resources to researching how the disease starts and progresses, or how to detect and treat it. When accounting for all Federal funding on specific cancers, the U.S. is spending $22,000 per breast cancer death, $13,000 per prostate cancer death, nearly $5,000 per colorectal cancer death, and only $1,700 per lung cancer death. Considering that lung cancer is the leading cancer killer in this country -- with only a 15 percent survival rate after 5 years -- this level of funding is unacceptable.

The cooperation in the fullest possible accounting is excellent and we need to give the Vietnamese credit for having stayed the course on that,

In hindsight, we wouldn't have named them but instead let the accounting firm and bank bring them in (to the lawsuit).

Increasingly, companies would pretty much write their own accounting rules when they put together their earnings releases. We said to ourselves, let's figure out how to do this the right way so the earnings number really tells us something about what's going on and the number is consistent from company to company.

If the Pentagon has been collecting information improperly on Americans, it should provide a full accounting of what kind of information it collected, on whom and why, subject only perhaps to protecting the privacy of individuals.

If you bring a straight accounting case to a jury, where it comes down to a battle of the experts, the government has a high risk of losing that case.

If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles. But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills at extremely low interest rates.

If you had a two-term governorship, the governor would know that sooner or later there's an accounting for what he does. And two, he would have time over the next four years to develop a comprehensive, careful plan and implement it over a period of four years. And then, if he's successful with it, he could be re-elected and have another four. And in eight years, you could actually do something, for example, with an issue as complex as transportation.

If you go into some of these small towns down the coast of Mississippi, there is no accounting system.

In principle, stock-option grants, properly constructed, can be highly effective in aligning corporate officers' incentives with those of shareholders, ... Regrettably, the current accounting for options has created some perverse effects on the quality of corporate disclosures that, arguably, is further complicating the evaluation of earnings.

I just think there's nothing that's come out over the last couple of days that counters the primary issues (that) the market has been punished for over the last couple of months, which is loss of investor confidence over corporate malfeasance, accounting and terrorism,

Investors looked to KPMG for tax advice. They looked to us as an investment adviser to execute a variety of stock and option transactions, We got out of the business of working with large accounting firms more than five years ago.

Investors are going to wonder just what is going on at General Motors. It's been my experience that if you find one accounting problem, it's just a representation of the iceberg that's below it.

In theory, a merger between two big vendors means retailers would be dealing eventually with one accounting unit and one distribution unit rather than a different set of units for both companies.

If you want to be an expert in accounting and tax law, then the Internal Revenue Service is the place for you. In fact the IRS is one of the largest single employers of professional accountants.

Iraq's conduct ensured that no progress was able to be made in either the fields of disarmament or accounting for Iraq's prohibited weapons program.

By inflating their estimated 'losses' as much as 66 percent, medical malpractice insurance companies have misled regulators, lawmakers and the public and overcharged physicians and other health care providers. Because all insurance companies use the same flawed accounting practices, it is likely that the insurance industry is responsible for several billion dollars in premium overcharges over the last few years, a period during which premiums have soared. The nation's economic stability and security demands that the insurance industry's accounting practices be investigated, and reforms put in place such as those that were made after widespread financial fraud was uncovered at Enron, WorldCom, Arthur Andersen and other corporations.

By using Co-Op Network exclusively, a single report is now generated for both PIN and debit transaction settlements, making life a lot easier in the accounting department.

Changing accounting rules can cause companies to change their behavior.

By allowing Delta to merge with Continental or Northwest, we would have three extremely large airlines accounting for 75 percent of market. But it would be harder for American and United to dominate Delta if Delta were to merge.

Maybe it wasn't anything remotely to do with religion, mysticism or metaphilosophy after all; maybe it was more banal; maybe it was just...accounting.

I do promise that we will give a full accounting to our readers of what we have found to date. Anything that further research reveals will be disclosed in a timely manner.

Colleges and universities are responding to a changing accounting landscape. More courses are being offered in areas such as internal audit, enterprise risk management, forensic accounting, information technology and business ethics.

For the first time, this document proposes international accounting standards for the recognition and measurement of the main sources of revenue for most governments and their entities - that is, taxes and transfers, including a wide range of non-exchange revenues. The exposure draft will provide guidance to those countries searching for accounting policies to deal with this complex area.

On a personal level, as a Christian, it will not be Barbra Streisand I'm standing in front of when I have to make an accounting of my life.

The undertone to the market is still somewhat positive. The economic data shows that we have bottomed. It's what allowed markets to recover in early January. But the accounting issues are here to stay.

The trick for these people, when you have a degree in a specific field, it's very important for you to get a job that utilizes skills in your field. The world works the way you think it does. If you have an accounting degree, get an accounting degree or your degree won't pay off for you. The trick is to get plugged into your field very, very fast.

This is more of a final nail in the coffin of the company's past accounting practices. Investors are looking at the company going forward rather than past. They have been doing a lot of things right lately.

The goodwill charge just confirms in accounting terms what the market determined a long time ago.

The industry needs to switch to actuarial accounting rather than actual accounting.

The difficulty is that accounting bombs have been dropping on a regular basis. What needs to happen before the confidence is back is you need to see a series of good news, a bunch of companies doing better than expected.

You won't know the discount, if there is a discount, until after all the accounting is done.

All we're doing is pushing the due date up. (Taxpayers) are not paying for four months extra. It's more of an accounting question than a monetary figure.

The film industry is famous -- or infamous -- for its creative accounting techniques that can turn obvious profits into paper losses, so fooling a bunch of state bureaucrats would be child's play.

The company's channel-stuffing and use of manipulative accounting artifices warrants a severe civil sanction that will act as a deterrent for other public companies.

The committee is profoundly disturbed about the recent string of allegations that companies...may have engaged in questionable accounting practices.

A modern computer is an electronic wonder that performs complex mathematical calculations and intricate accounting tabulations in one ten-thousandth of a second -- and then mails out statements ten days late.

AMR's accounting needs to be improved if they suddenly found another $75 million in losses, ... I wouldn't think people would sell on this, but you never know.

The market is nervous. We're in a transition period as we get through all the accounting issues.

The legislation we crafted in conference goes a long way in solving the egregious problems that have arisen as a result of corporate misconduct and accounting scandals. It's not a total answer, but I think we made excellent progress, and the White House has informed me this morning that they support the conference agreement.

The Lord grants both, protection and punishment; for how can he be the Lord if he does not insist on strict accounting and strict obedience?

The main reason businesses should care now is because they need to account for the liability and in order to account for a liability in a year's time you need to start accounting for it now.

I have to say accounting almost killed me.

There is no accounting for human beings.

Each generation makes it's own accounting to its children.

Accounting is the language of business.