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The Good Bookkeepers

Posted By claudia On 27th March 2007 @ 13:21 In News, North America, Accounting rules | No Comments

America’s Most Trustworthy Companies

Alexander the Great is reputed to have said, “Upon the conduct of each depends the fate of all.”

More than two millennia on, the words of the Macedonian king echo true in the boardrooms of America, where the tainted winds of option backdating, insider trading and questionable pension accounting blow fitfully–along with the occasional gust still from the Enron-era corporate scandals.

Trust in free-market capitalism requires that shareholders and other stakeholders in the system have confidence in the probity of companies. Hence accounting standards and governance rules, and the regulators’ requirement that they be transparent.

[1] Forbes: The Good Bookkeepers


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[1] Forbes: The Good Bookkeepers: http://www.forbes.com/services/2007/03/26/companies-accounting-governance-lead-c
x_pm_0327trustyintro.html?partner=rss

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