Recently, accountants received orders from President Bush to get their actions with each other. Indeed, Enron, WorldCom, Tyco, and other recent corporate financial reporting failures have caused a loss of faith in accounting and bookkeeping. To a large extent, this is a loss of faith includes corporate balance sheets, and it is justified. Corporate managers and shareholders are interested in addressing the shortcomings of balance. Basic common shortcomings of modern corporate balance sheets, defines the basic underlying tension creating these shortcomings, offers suggestions to resolve these conflicts, and discusses the possible implications of the proposals. "Hide
by Mark E. Haskins, Robert J. Sack Source: Business Horizons 11 pages. Publication Date: July 15, 2005. Prod. #: BH129-PDF-ENG
