Famous Quotes & Sayings

As a vital health care provider and major employer, Westchester Medical Center is an important part of the community. But the corporation's combination of fiscal challenges, financial control weaknesses and accounting problems brought it close to the point of collapse.

The bottom line is that, when you start taking a look at the accounting differences, it comes down to we're about $117 million higher than Consumers and about two-thirds of that can be attributable to health care and pension benefits.

The CA investigation is an ongoing thing. They've had problems long before accounting scrutiny was fashionable, so the impact of that is muted. There is the sense that the market wants to shrug off the bad news.

Offering our clients the deepest resources possible has always been one of our primary goals. Our affiliation will enable us to enhance our service offerings on many levels, including international tax planning and compliance, as well as accounting and auditing services globally.

Oh, a wise guy. It was you who didn't do nothing about those crooks in the first place. And then you wouldn't listen to nobody about what to do. And then you who didn't tell anyone about the problem with the new accounting board guy.

No such initiative has been attempted in recent much larger white collar financial crime cases where there were allegations of accounting fraud, bankruptcy, thousands of people out of work, billions of dollars lost to investors -- none of which has occurred or is alleged here.

Billy Tauzin

After reviewing the documents produced to the Committee on Energy and Commerce in connection with our investigation into the accounting practices at WorldCom Inc., we must express our grave concerns about what we have discovered,

Adding Tim, his staff and his nonprofit clients to ACM is a significant move for our firm. With Tim's experience we are getting a nationally recognized expert in the nonprofit sector and a key leader within the accounting profession in Colorado.

One day I was in Starbucks going through one of my books on accounting, and this beautiful young woman came up to me and said, 'My accounting book is different from yours.' Her name was Joyce, she had a background in finance and administration and ran a surgery center. Within a short time, we were married.

Companies in the Pacific region, especially those in the real estate and construction industries, are adding staff to support growth initiatives. As the competition for candidates intensifies, many firms are experiencing a shortage of skilled accounting professionals and, as a result, find they must offer higher salaries and better benefits to secure the best people.

David Bailey

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.

Franklin Raines

Although to my knowledge the company has always made good faith efforts to get its accounting right, the SEC has determined that mistakes were made. By my early retirement, I have held myself accountable.

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

E. B. White

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.

This is the evidence that our accounting standards are far behind international ones.

The U.S. recovery story is intact and the real side of the U.S. economy looks very positive. But you have concerns on the accounting front and they are very hard to quantify.

Ron Wyden

This corporation resorted to a variety of legal, regulatory and accounting contortions to keep investors and the public in the dark, ... It is now high time for the Congress to flip on the light and get to the bottom of this situation.

Steven Snyder

This contract is another opportunity to apply and demonstrate ACS' aptitude for innovation. We look forward to creating and implementing customized collection and loan accounting solutions for DT that will provide a solid foundation to support its rapid growth objectives. Our Consumer Finance Solutions team will bring ACS' proprietary technology and best-in-class service and support to DT.

Jim Costa

This Department of Treasury, run by this administration, using the same tried and true accounting methods that every business in America uses, cast new light on the fiscal severity that our Nation is facing, what some would call a mess.

This event highlights once again the difficulty in determining earnings for derivative transactions. It also encourages those who feel that bank accounting in this area is weak. It is a reason why many large banking companies have such low multiples on their stock.

This action reflects the commission's close scrutiny of accounting practices in the technology industry to make certain that the financial disclosure of companies in this area reflect present reality,

Donald Peterson

This accounting change in no way affects the actual value or security of our pension or post-retirement assets. No cash will leave the plan or flow back to Lucent as a result of this change.

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

Richard Riley

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.

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.

Ginni Rometty

Embracing new ways of managing key business processes, such as procurement and accounts payable, allows leading companies like Colgate to uncover significant new sources of value within their operations. We're pleased to help Colgate move its business forward using our organization's expertise in procurement innovation coupled with IBM's well established group of supply chain and accounting professionals.

Each day the uncertainty surges and investor non-confidence increases amid the rise in cases of creative accounting in the United States.

Michael Davies

Establishing LEA Europe and LEA Asia Pacific enables us to deliver a unique advantage -- best-in-class strategies and processes, faster new service development cycles, improved recruiting and retention and accelerated profitability -- to accounting firms around the world.

Corporate governance mandates, new business practices and recently created regulatory agencies have made this a dynamic time for accounting and finance professionals at all levels, and have led to new opportunities and challenges. To succeed in this environment, accountants must go beyond their traditional roles of simply delivering financial data. Rather, they will need to discuss the implications of this data in the broad context of compliance and how it impacts other areas of the business.