Fannie Mae did not follow all of the GAAP compliances‚ which led them to their accounting fraud. The government agency that regulates Fannie Mae’s operation and accounting is the Office of Federal Housing Enterprise Oversight (OFHEO). One of the issues is derivative losses‚ which both OFHEO and Deloitte believed should have been recorded on the income statement instead of the
Premium Mortgage loan Debt Fraud
The most significant event in Canada’s history would be the building of the railway. It opened up new markets to the country and brought areas together. It also created a need for new resources and technology‚ which led to the important development of industries in Canada. Early railroads in Canada were mainly for shortline and were developed for transportation all year round‚ so when the canals and rivers were frozen there was still a way to get around. The development in railroads in C
Premium Canada United States United Kingdom
The basic accounting concepts have defined the conception of the preparation of financial statements and the process of preparation in the UK is well regulated. But financial accounting requires a fair amount of flexibility in some certain areas‚ so the need of judgements and estimations for accounts preparers is demand. Meanwhile it leaves a significant approach in accounting treatments. For example‚ when organizations decide which of several inventory valuation methods to utilize; managers make
Premium Generally Accepted Accounting Principles Balance sheet Financial statements
Notes on significant figures When we use an equipment to take measurement‚ it is important to be honest when reporting a measurement‚ so that it does not appear to be more accurate than the equipment used to make the measurement allows. To achieve this‚ we can control the number of significant figures used to report the measurement. When we look at a number‚ its first significant figure is the first digit from the left‚ other than 0. E.g. - in the number 539 the first significant figure
Premium Arithmetic Measurement Decimal
skill and used throughout grade levels. Objectives Academic Standards *To provide a review of units‚ tools‚ and measuring length in U.S. customary and systems. 3.M.2: Choose and use appropriate units and tools to estimate and measure length‚ weight‚ and temperature. Estimate and measure length to a quarter- inch‚ weight in pounds‚ and temperature in degrees Celsius and Fahrenheit. Materials to Collect and Preparation Before Teaching Teaching the Lesson • Math Journal pages 240 and 243 Ongoing
Premium Education Mathematics Learning
I once had a significant misunderstanding‚ and it ended a relationship I didn’t want to end‚ but some of me thinks it was suppose to happen. So most people at my age have a Myspace profiles‚ so like them I do have a Myspace. Myspace is place where I can chat with friends and write some of my poems. But EVERY person’s Myspace has a password‚ that no one else knows. But someone knew mine‚ when I didn’t know they knew it. My relationship was going up and down a hill these days. Somehow I knew it
Premium 2005 singles Debut albums
mistakes were not significant; they rarely changed the outcome of a play. Yet I received a thorough long lecture at practice for the mistakes I had made. These occurrences only intensified my fears of playing. However‚ I did not always make mistakes. Sometimes I made great plays‚ for which I was congratulated. Now‚ as I start my sophomore year as a starter on varsity and soon to be a 4 year letterman‚ I feel like an entirely new person. Over the years‚ playing basketball has taught me what it takes to
Premium Play Fear Game
Cultural Immersion Program One of the most significant experience I have ever had occurred when I was in grade 9th at Nguyen Gia Thieu Secondary School. According to the signed annual cultural immersion program between the two schools‚ the North View Secondary School group(NVSS)‚ consisting of 5 teachers and 30 students‚ will travel to Vietnam to communicate with Nguyen Gia Thieu Secondary School in September and the Nguyen Gia Thieu Junior High School team will travel to Singapore
Premium High school Singapore College
“Significant Influence “ “Writers write to influence their readers‚ their preachers‚ their auditors‚ but always‚ at bottom‚ to be more themselves.” the person who has had the most significant influence on me is my mother. This influence goes way beyond the usual “I have great admiration towards my mom because she is the best.” My mom has been the sole guardian of me for as long as I can remember and her actions have turned me into the person I am today. My mother is one who leads
Free Mother Parent Father
With a Sword in my Hand is an extremely meaningful novel encompassing several significant themes. It is set in medieval Flanders where the circumstances‚ activities and beliefs are very different to present times. The author narrates the novel from Marguerite’s perspective. Throughout the novel‚ gender is an ongoing theme. Marguerite goes through times where she is accused of being un-lady-like; discovers more about her interest in love and the value of believing in god. Gender is an important aspect
Premium Love Interpersonal relationship Romance novel