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Author:Collins, S. H.
Title:Washington update
Journal:Journal of Accountancy
1988 : NOV, VOL. 166:5, p. 111-112, 114
Index terms:BUILDING SOCIETIES
AUDITORS
TAXATION
Language:eng
Abstract:Views of chairman of American Institute of CPAs concerning ability of Federal Savings and Loan Insurance Corporation /FSLIC/ to provide financial assistance under agreements with insured institutions and accounting for FSLIC notes. Move by Federal Home Loan Bank Board to back all promissory notes issued by the FSLIC. Responsibilities of government auditors. Reevaluation of the auditor's role. The federal deficit. Disclosure rules and taxation changes concerning municipal bonds. Need to protect the Financial Accounting Standards Board from improper influence by business community and federal agencies. Proposed tax changes: aid to families, and earnings of the aged.
SCIMA record nr: 73969
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