Correspondingly, the benefits of acquiescing in management's desire to adopt aggressive accounting policies also increased during the 1990s.
32.
The tactics included pressuring and inducing midlevel managers to increase earnings either by choosing more aggressive accounting policies.
33.
"In accordance with the group's accounting policy, the goodwill arising from the acquisition has been charged to reserves,"
34.
The SEC also plans to propose requiring corporations to tell the public about their " critical accounting policies ."
35.
The company said its audit committee believes the company's accounting policies and procedures comply with generally accepted accounting principles.
36.
Companies would have to make the disclosures, which include their derivatives accounting policy, in their annual reports, Wallman said.
37.
Cendant, based in Parsippany, N . J ., did not blame anyone on Tuesday for the disputed accounting policies.
38.
But in October 1996, the company abruptly changed accounting policies and wrote off $ 385 million in deferred marketing costs.
39.
In addition, Xerox said its audit committee believes the company's accounting policies and procedures comply with generally accepted accounting principles.
40.
The commission said Tuesday that the gain would have been just 6.7 percent without the undisclosed change in accounting policies.
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