1. Bankinter has a reputation for employing conservative accounting methods. 2. They have developed accounting methods that force politicians to maintain the programs and infrastructure they build. 3. Discuss the reasons why accrual accounting methods are not appropriate to future decision making. 4. It is therefore not surprising that a number of the concepts underlying the accrual accounting method are not appropriate to decision-making that is forward looking. 5. An exception is Amerada Hess Corp., whose earnings will fall from year-ago period, largely because of its inventory accounting method. 6. Also a topic is the practice of countries using questionable accounting methods to suppress deficits. 7. Cannon ran afoul with the Securities and Exchange Commission, agreed to change accounting methods, saw profits become huge losses and closed up shop. 8. European migration statistics are patchy, because EU states keep separate records, use different accounting methods and often keep their findings secret. 9. For many transactions, companies have a choice of accounting methods that can change the numbers that are reported. |