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Pirate Steel Company
Title: Pirate Steel Company
Category: Law & Government / Government & Politics
Details: Words: 1410 | Pages: 6.0 (approximately 235 words/page)
Pirate Steel Company
PIRATE STEEL COMPANY
Background Summary
The Pirate Steel Company is in the steel producing industry that manufactures in the United States. The Pirate Steel Company sells its products in the United States and many other nations abroad. Pirate Steel was considered a leader in its industry and maintained high standards of achievement until foreign competition began to affect their profitability. Though Pirate Steel has never been very cost conscience in production operations, the increases in …showed first 75 words of 1410 total…
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…showed last 75 words of 1410 total…purports to represent because it has one or both of two kinds of bias. (The Accounting Review, Apr. 2000, 229)
2. To address earnings management concerns, the NYSE, Amex, ASB, and the SEC individually adopted rules and standards focusing on the composition and activities of audit committees. Regulators hope the rules will improve the quality of financial reporting and make it harder for corporations to manipulate the data on which their reported earnings are based. (Journal of Accountancy, 2000, 15)
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