Famous Quotes & Sayings

The pleas entered today are admissions of guilt in one of the largest corporate accounting fraud schemes on record. This apparent but ephemeral performance by the company propped up its stock price, causing investors to suffer untold losses when the scheme collapsed.

We are pleased to report that all outstanding issues involving the SEC's financial review, as well as the accounting issues related to DFG, have now been resolved, ... Today's earnings release brings this matter to a close and we now look forward to proceeding with the Tyson transaction.

We believe that the accounting seems to proper and the company reports that it has been reviewed and approved by its auditors.

Mitch Daniels

We stand to gain up to several thousand more jobs at the Defense Finance and Accounting Service center, ... and the commission listened to our recommendations for Crane and saved half of the jobs that were recommended for transfer elsewhere.

Whether you are starting a career or you are a seasoned tax professional, the reasons to bring your career to the IRS keep adding up. If you want to be an expert in accounting and tax law, then the Internal Revenue Service is the place for you.

We've asked for all Texas officials to keep an accurate accounting of costs that are directly related to the relief effort so that we can ensure these are reimbursed." ()

John Roberts

We can contend that we have already done what the statute envisions, ... The president has demanded an accounting from the Soviets, and has done so repeatedly.

We believe this project will have a significant impact on evaluations, income and balance sheets, and will become the major issue in financial accounting over the next five years.

Unfortunately, it will be impossible to complete the cash tender offer by the 28th. IBP continues to work with the SEC to resolve their accounting issues. After that work is complete, we will determine what effect these matters will have on our deal.

WorldCom could occur in any era, it's more traditional book cooking. It's hard to think of another one of these cases really is like Enron in the sense that it raises fundamental questions of accounting and financial reporting.

Ahmed Chalabi

We extend our deepest sympathies to the Kuwaiti people and hope it will now be possible to have a final accounting of their loved ones,

We feel that the traditional accounting measures designed to capture physical assets are deficient in capturing the full value of a firm.

We're flirting with key technical support levels. Markets rally but then can't sustain. There's continued nervousness about accounting and corporate profits, but no catalyst to move us out of it.

The fact that Hollywood productions use famously creative accounting is no reason to compromise a basic principle of our tax system.

The outlook accounting for Katrina suggests growth will slow in both the third and fourth quarter due to slower consumer spending.

Rosa Parks

When the history of this country is written, when a final accounting is done, it is this small, quiet woman whose name will be remembered long after the names of senators and presidents have been forgotten.

Many core MBA accounting courses more vigorously attack issues of ethical dilemmas and awareness in accounting. And many courses help users of financial information unearth inconsistencies and potential accounting red flags.

Some basic accounting fiscal areas that we would expect for $1 billion operation were just not up to what we would have expected. You would expect to go to personnel files to find salary information, and it wasn't there. In some cases, there wasn't a personnel file.

Since the provisions of Medicare Part D became effective on January 1, 2006, a number of questions have arisen regarding the proper accounting for these transactions. Through this proposed Technical Bulletin, we are providing guidance on how best to apply existing accounting standards and to report these new federal payments in state and local government financial statements.

Most people are of the view that this is long overdue. It probably would have happened a few years ago, had there not been the criminal and accounting issues around Tyco.

We hope to understand whether Andersen, in its work for Enron, committed any violations of the accounting act.

Scott Smith

We have received plenty of word-of-mouth referrals in the past five years because of the expertise we continue to gain in handling nonprofits. Some accounting firms have decreased their focus on nonprofits or have left the Winston-Salem market, so we have picked up clients that way as well.

Given the company's prior accounting and regulatory issues, this is likely to have a meaningful negative impact on the stock today.

For Xerox, the accounting function was just another revenue source and profit opportunity, ... As a result, investors were misled and betrayed.

Rebecca Watson

Four large deep water platforms accounting for about 10 percent of the pre-storm federal offshore Gulf oil production suffered extensive damage which could take up to three to six months to bring back on line,

If advertisers and attorneys saw fraud under 10 percent, it would be dismissed as an accounting error, but the lawsuit and our client data makes it clear, that the fraud rate is much higher than that.

James has an impressive and extensive background in accounting and finance. His experience as CFO in two other publicly held companies also prepares him to provide the essential financial leadership we will need as we transition from a period of consolidation to a new stage of dynamic growth.

I think it's a legitimate concern (to elect someone who may not be qualified). At least when I was first elected, there were some things from an accounting standpoint that I needed to take some classes on after being elected.

It appears that this is a win for consumers. This bill would definitely fix some of the accounting problems that we've seen crop up ... over the last six months.

I think the SEC had to get aboard this ship. Otherwise, they would look like they are lagging behind the parade. They have been somewhat embarrassed by being behind everyone on the issue of accounting reform.

Japan and Korea dominate market volumes today, accounting for over 80 percent of TV phones sold in 2006. However, Western Europe and North America, as well as China, will be the hot spots for global volume growth over the next few years. We expect Western Europe to ramp up to over one million units sold this year, with North America and China coming online in 2007.

Jason Kenney

I think the operational performance is poor and the numbers are confused by restatements for accounting changes and, obviously, the tax paid in Libya.

Jack Kelly

I think with regard to this issue, last week was really the news rather than today. Xerox has been turning things around, other than their accounting, by cutting costs. With regard to accounting issues, I would say they've been closely scrutinized.