They benefit people that invest in publicly traded companies.
well i was trying to ask questions but you didn't want to answer them.
who do the accounting rules benefit other than the rich people who run companies and accountants who are paid to fiddle around with numbers?
No, you were asking vague leading questions instead of just coming out and saying what the fuck you meant and then claiming your questions weren't answered because you weren't getting the answers that you wanted.
The accounting rules don't necessarily benefit any rich person or company. Rich people lose their shirts and companies go out of business under the accounting rules every day. The rules benefit the investing public and all stakeholders (investors, lenders, etc) since it gives them a framework to evaluate the financial performance of companies.
No, you were asking vague leading questions instead of just coming out and saying what the fuck you meant and then claiming your questions weren't answered because you weren't getting the answers that you wanted.
The accounting rules don't necessarily benefit any rich person or company. Rich people lose their shirts and companies go out of business under the accounting rules every day. The rules benefit the investing public and all stakeholders (investors, lenders, etc) since it gives them a framework to evaluate the financial performance of companies.
answer that question. not a leading question. a simple one.
after you answer that one, then answer this one. who wrote the new rules?
fuck man i have asked the same god damn questions 10 times.
why were the rules that were in place before the current rules were written not good enough?
after you answer that one, then answer this one. who wrote the new rules?
fuck man i have asked the same god damn questions 10 times.
so accountants decided to write rules that made accounting more complicated, thus creating the need for more accountants to interpret the rules that accountants wrote.
SOX hasn't accomplished a thing other than more billable fees for accounting firms. it is as effective as the TSA.