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Joined: Fri, Oct 4th 2013, 20:47 Total Topics: 3 Roles: Administrator
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Topic Created Posts Views Last Activity
Auditor's reporting model and investors Oct 5th 2013, 18:00 1 1,027 on 5/10/13
Is the field of accounting sufficiently regulated withing the OECS? Oct 5th 2013, 11:44 1 1,151 on 5/10/13

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Auditor's reporting model and investors admin on 5/10/13
Should the auditor's reporting model be changed to include more information for investors in the audit report?
Is the field of accounting sufficiently regulated withing the OECS? admin on 5/10/13
The current accounting rules for accounting for loan losses were in part responsible for the failures of community banks in the wake of the financial crisis, according to a report by the Government Accountability Office.

http://www.gao.gov/assets/660/655193.pdf

In light of this revelation, are we in the OECS placing enough emphasis on the role of accounting in the economic stability and are therefore sufficiently regulated to minimize the chance of this being repeated in our Region?
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