They were greedy and sloppy, but the tree is unfazed.It promptly refills pawed-over flowers with a fresh supply of nectar and nudges other blooms to unfold.
In case the directors cannot serve as or are unsuitable to be members of the liquidation committee, the joint venture may appoint accountants and lawyers registered in China to the committee.
In coming quarters, these figures may deteriorate because of accounting adjustments (some of the assets are questionable) and continuing defaults on mortgages.
The accounting profession, Mr. DiPiazza said, "has to go an extra mile to regain the ground we've collectively lost" after Enron and the conviction of Arthur Andersen.
In 1974, the Financial Accounting Standards Board determined that all research and development costs of internally developed patents are expensed as they are incurred.