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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: JDN who wrote (3411)9/2/1999 12:41:00 PM
From: Marconi  Read Replies (2) | Respond to of 10293
 
Thanks for the insight JDN. With high intangibles, unless the assumptions are spelled out clearly, then it is nigh impossible to adjust the numbers to a comparable basis. I think the FASB is well intentioned. When money is a primary concern, I find company executives too often set asides good morals and high ethics. There remain a lot of degrees of freedom to color the books...it boils down to good management practices and clear communications with shareholders; or otherwise.
Best regards,
m