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thehavenots

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thehavenots

Re: oceansorcas post# 48515

Saturday, 08/19/2006 4:33:57 PM

Saturday, August 19, 2006 4:33:57 PM

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Disclosure Requirements:

A number of provisions add to or strengthen disclosure requirements placed on public companies. All material off-balance sheet transactions or special purpose entities must be disclosed in annual and quarterly financial reports. If a company uses pro forma numbers in its financial reports or press releases, it must also show what the financial results would be using generally accepted accounting principles.

Odysseus crossed the river of Styx. He asked Achilles if it was worth trading his life to have his 'name' live forever. Achilles replies: "I would rather be the slave of a slave on earth, then to live here in Hades..." --Homer's The Illiad

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