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ACCOUNTING POLICE: DO THEY EXIST?
Who created accounting principles? Who sets and revises accounting standards? What if you don’t follow all the rules, do you go to jail? Is there an accounting police force that investigates and arrests violators? It would seem that there must be some regulatory force to make sure that providers of financial statements conform to the rules. There is, up to a point, and this article discusses how it works:
There’s No Reason for Weak PR – Missing the Real Issues in the News Corp Crisis
Weak PR efforts are weak PR efforts even when done in the name of the industry

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