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To: wanna_bmw who wrote (162281)3/15/2002 4:39:38 PM
From: AK2004  Read Replies (1) | Respond to of 186894
 
bmw
re: legal
GAAP is not "legal" it is a standard. "Legal" usually referred to something like statutory reporting or of the sort
In the industry I work in statutory accounting is very different from GAAP.
re: That's for the investor to decide.
well true
re: that would alleviate fears about accounting nightmares.
not really. In the industry that I work in reporting procedures went through few major changes already and in constant evolution
Regards
-Albert