VICTORIA - The most revealing episode in the scandal at the Insurance Corp. of B.C. is the case of the 1998 Porsche Boxster. The pricey sports car was damaged in an accident and declared a writeoff by ICBC’s claims division. But it gained a second

Conceptual Problems with “Fair Value” Accounting Theory - American Enterprise Institute
Resident fellow Alex J. Pollock submits a letter of comment to the Securities and Exchange Commission and explains why the conceptual deficiencies of the fair value accounting theory make it a poor choice for most companies as an accounting standard

Arthur Andersen - Chicago Tribune
The story of Andersen, a once-great Chicago accounting firm shut down after the collapse of client Enron Corp., started in 1913, when the son of Norwegian immigrants set up shop on West Monroe Street in Chicago. Arthur Andersen’s mother had schooled

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