tracnetonaccounting.blogspot.com
Tr-Ac-Net on Accounting: March 2008
http://tracnetonaccounting.blogspot.com/2008_03_01_archive.html
A key part of any management information system. Should be far more useful than it is. Thursday, March 27, 2008. Gain on Sale Accounting . rotten to the core. As a trained Chartered Accountant from the UK, I am appalled at the way in which accounting rules and accounting laws in the United States permit absolutely flawed accounting reports to be prepared. The following from a recent article in the New York Times:. The deterioration in recent months of the estimated $1.3 trillion subprime housing mark...
tracnetonaccounting.blogspot.com
Tr-Ac-Net on Accounting: Accounting and accountability
http://tracnetonaccounting.blogspot.com/2008/03/accounting-and-accountability.html
A key part of any management information system. Should be far more useful than it is. Wednesday, March 5, 2008. Hardly a day goes by without some new revelation about failed accounting and an inability to track resources. There is a disturbing pattern in the reports and the stories carried in the media. The problems are not being found in a timely way. Rather they are coming to light a long time after the accounting failed and the ability to track resources was lost. One almost has to ask "Why bother?
tracnetonaccounting.blogspot.com
Tr-Ac-Net on Accounting: Being informed about performance
http://tracnetonaccounting.blogspot.com/2008/03/being-informed-about-performance.html
A key part of any management information system. Should be far more useful than it is. Wednesday, March 5, 2008. Being informed about performance. One of the reasons for accounting is so that there is information that can be used to inform. Recently I received an email that talked about an organization . and it made me think. This information tells me something about the organization's size, but nothing at all about the organization's effectiveness. Subscribe to: Post Comments (Atom). In New York in 2003.
tracnetonaccounting.blogspot.com
Tr-Ac-Net on Accounting: Gain on Sale Accounting ... rotten to the core
http://tracnetonaccounting.blogspot.com/2008/03/gain-on-sale-accounting-rotten-to-core.html
A key part of any management information system. Should be far more useful than it is. Thursday, March 27, 2008. Gain on Sale Accounting . rotten to the core. As a trained Chartered Accountant from the UK, I am appalled at the way in which accounting rules and accounting laws in the United States permit absolutely flawed accounting reports to be prepared. The following from a recent article in the New York Times:. The deterioration in recent months of the estimated $1.3 trillion subprime housing mark...
tracnetonaccounting.blogspot.com
Tr-Ac-Net on Accounting: Rules trump principles ... and the result is disastrous
http://tracnetonaccounting.blogspot.com/2008/03/rules-trump-principles-and-result-is.html
A key part of any management information system. Should be far more useful than it is. Thursday, March 27, 2008. Rules trump principles . and the result is disastrous. Accountancy has been in professional free-fall for a long time . especially in the United States. But the United States has a different professional framework . and the rules of accountancy, and laws, are more important than principles. Over the past several decades the rules and the laws have moved more and more to allow accountin...IRVIN...
tracnetonaccounting.blogspot.com
Tr-Ac-Net on Accounting: January 2009
http://tracnetonaccounting.blogspot.com/2009_01_01_archive.html
A key part of any management information system. Should be far more useful than it is. Tuesday, January 20, 2009. The Value of Investments. The value of investments may be based on reality or on a rigged unreality. For most of the past 40 years a rigged unreality has made America look as if it was prospering, when in reality, all that was going on was that wealth once owned by one set of people was being moved to another set of people. But America has huge potential once the financial rigging is eliminat...
tracnetonaccounting.blogspot.com
Tr-Ac-Net on Accounting: Using cost accounting to rate good works
http://tracnetonaccounting.blogspot.com/2008/03/using-cost-accounting-to-rate-good.html
A key part of any management information system. Should be far more useful than it is. Wednesday, March 5, 2008. Using cost accounting to rate good works. Accounting has the potential to be used much more effectively than what has been happening for the past 20 odd years. There is no question that assistance for orphans is worthy of support . but the challenge of determining what is best to do should probably be done with considerably more rigor than is now normal. The number of orphans in Sub-Sahara Afr...
tracnetonaccounting.blogspot.com
Tr-Ac-Net on Accounting: April 2008
http://tracnetonaccounting.blogspot.com/2008_04_01_archive.html
A key part of any management information system. Should be far more useful than it is. Friday, April 4, 2008. Are statistical constructs the foundation for accounting in the banking industry? There is something terribly wrong. The technology to have excellence in accounting, and to have easy analysis and tremendous clarity is reporting is available and very cost effective. Unless, of course, the mathematics is a statistical construct rather than being something that an accountant would recognise. The dev...
tracnetonaccounting.blogspot.com
Tr-Ac-Net on Accounting: The Value of Investments
http://tracnetonaccounting.blogspot.com/2009/01/value-of-investments.html
A key part of any management information system. Should be far more useful than it is. Tuesday, January 20, 2009. The Value of Investments. The value of investments may be based on reality or on a rigged unreality. For most of the past 40 years a rigged unreality has made America look as if it was prospering, when in reality, all that was going on was that wealth once owned by one set of people was being moved to another set of people. But America has huge potential once the financial rigging is eliminat...
