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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
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To: tonto who wrote (145828)11/5/2008 9:03:13 PM
From: J_F_Shepard1 Recommendation  Read Replies (1) of 173976
 
" If the move to fair value continues, we will not only see more and bigger frauds, but we will soon have three sets of books: one based on historic cost and used to control and evaluate employees and management and to report on their stewardship; a second to meet the requirements of the IRS; and a third to prepare fair value–based financial statements for regulatory agencies."

nysscpa.org
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