Current Events — HabitableZone

Current Events » in reply to Enron: A cleanup job for Corporate America, the SEC, and Auditors

GAAP

Companies also must provide enough detail to show what they added and subtracted from GAAP net income to get to their pro formas.

If Generally Accepted Accounting
Principles were adhered to would Enron be in the trouble it’s in today? With who does the job of enforcement lie?

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