Jenkins on the Jenkins Report
Article Abstract:
Edmund L. Jenkins is the chairman of the American Institute of Certified Public Accountants' Special Committee on Financial Reporting, which had the task of making proposals to improve the usefulness of corporate financial reports. The committee's preliminary report focuses on business reporting, which goes beyond financial reporting because it requires operating data and performance measures which are useful in making forecasts. Jenkins said that the report addressed the needs of investors and creditors, who need to make informed decisions in the capital allocation process. Explanations of other components of the report are also presented.
Publication Name: CA Magazine
Subject: Business
ISSN: 0317-6878
Year: 1995
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The spin cycle
Article Abstract:
Canada has been considered one of the best places to launder money, in part because of the unprotected border between the United States and Canada, which makes passing money between the countries easy, and because of the stability of its banking system and willingness of the financial institutions to do business with anyone. This will change with the implementation of Bill C-22, the Proceeds of Crime Act, federal legislation for money laundering that calls for strict reporting. However, criminals are expected to become more violent and intimidating.
Publication Name: CA Magazine
Subject: Business
ISSN: 0317-6878
Year: 2001
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A lack of security
Article Abstract:
The importance to accountants of the Personal Property Security Act that is in force in most of Canada is described. Rulings based on this act in 2000 have revealed that bankruptcy can affect secure loans.
Publication Name: CA Magazine
Subject: Business
ISSN: 0317-6878
Year: 2000
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