Said Sir David, "We've got to be real
On what balance sheets may not reveal;
Though it's true they disclose,
As a bathing suit shows,
What's vital they try to conceal."
Sir David Tweedie, head of the International Accounting Standards Board, is leading the effort to converge international financial reporting standards with US generally accepted accounting principles, making balance sheets equally, um, revealing the world over.
Wednesday, November 10, 2010
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