Freddie Mac's accounting restatement: are accounting standards working? : hearing before the Subcommittee on Commerce, Trade, and Consumer Protection of the Committee on Energy and Commerce, House of Representatives, One Hundred Eighth Congress, second session, January 28, 2004U.S. Government Printing Office, 2004 - 52 lappuses |
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1.5. rezultāts no 18.
3. lappuse
... risk . It puts tax- payers and people's homes in jeopardy . As I said before , Freddie Mac is not just another company . Therefore , we need to make sure that Freddie Mac is as trans- parent as possible and while I applaud the work that ...
... risk . It puts tax- payers and people's homes in jeopardy . As I said before , Freddie Mac is not just another company . Therefore , we need to make sure that Freddie Mac is as trans- parent as possible and while I applaud the work that ...
9. lappuse
... Risk Oversight unit worked with Freddie Mac's derivatives desk to reverse - engineer a lower value for its swaptions portfolio . The revised swaption valuation method contributed to a $ 730 million misstatement of the 2001 financial re ...
... Risk Oversight unit worked with Freddie Mac's derivatives desk to reverse - engineer a lower value for its swaptions portfolio . The revised swaption valuation method contributed to a $ 730 million misstatement of the 2001 financial re ...
11. lappuse
... risk . Based upon these findings , the examination report recommended that OFHEO and Freddie Mac take a broad range of actions . As a general matter , the report concluded that OFHEO must ensure that Freddie Mac establish an adequate ...
... risk . Based upon these findings , the examination report recommended that OFHEO and Freddie Mac take a broad range of actions . As a general matter , the report concluded that OFHEO must ensure that Freddie Mac establish an adequate ...
13. lappuse
... Risk Oversight unit worked with Freddie Mac's derivatives desk to reverse - engineer a justification for a lower value for the swaptions portfolio . The revised swaption valuation method contributed to a $ 730 million misstatement of ...
... Risk Oversight unit worked with Freddie Mac's derivatives desk to reverse - engineer a justification for a lower value for the swaptions portfolio . The revised swaption valuation method contributed to a $ 730 million misstatement of ...
14. lappuse
... risk . " Ultimately , the Board insisted on hir- ing new auditors , and his fears of restatement were realized . EXECUTIVE COMPENSATION The compensation of senior executives of Freddie Mac , particularly compensation tied to earnings ...
... risk . " Ultimately , the Board insisted on hir- ing new auditors , and his fears of restatement were realized . EXECUTIVE COMPENSATION The compensation of senior executives of Freddie Mac , particularly compensation tied to earnings ...
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Bieži izmantoti vārdi un frāzes
accounting area accounting controls accounting errors accounting policies accounting standards Armando Falcon Arthur Andersen Baker Botts BAUMANN California Chairman Stearns CLIFF STEARNS committed company's completed the restatement compliance consent order Consumer Protection correct DELEO disclosure standards Doty report duration gap earnings growth earnings per share ensure examination of Freddie executive compensation expertise external auditor fair value Fannie Mae FASB Federal Housing Enterprise financial engineering financial reporting financial statements FRED UPTON Freddie Mac Freddie Mac's accounting function GAAP goals hearing Housing Enterprise Oversight implement improve income Internal Audit Department internal controls issues JOHN SHIMKUS look management team meeting ment million mortgage OFHEO OFHEO's report operations portfolio recommendations registration remediation program responsibility restatement period risk safety and soundness scandal securities senior management SHADEGG SHIMKUS special examination steady earnings Subcommittee on Commerce swaptions Thank tied to earnings tion transactions transparency
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4. lappuse - I yield back my time. [The prepared statement of Hon. John Shimkus follows:] PREPARED STATEMENT OF HON. JOHN SHIMKUS, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF ILLINOIS Good morning, Mr.
16. lappuse - Pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the...
7. lappuse - A REPRESENTATIVE IN CONGRESS FROM THE STATE OF CALIFORNIA Thank you Mr. Chairman for holding this hearing today.
1. lappuse - HOUSE OF REPRESENTATIVES, COMMITTEE ON ENERGY AND COMMERCE, SUBCOMMITTEE ON COMMERCE, TRADE, AND CONSUMER PROTECTION, Washington, DC. The subcommittee met, pursuant to notice, at 10 am, in room 2123, Rayburn House Office Building, Hon.
31. lappuse - While we complete this work, we are continuing to fulfill our important public mission, maintain our safety and soundness, and meet our business objectives. Thank you for the opportunity to appear today. I look forward to working with Chairman Baker, Ranking Member Kanjorski and the Members of this Subcommittee.
19. lappuse - I would be happy to answer any questions that you and members of the committee may have. Senator MAGNUSON.
35. lappuse - ... checks, money orders, or similar instruments, any broker or dealer in securities registered or required to be registered with the Securities and Exchange Commission under the Securities Exchange Act of 1934...
17. lappuse - Adequate criteria are needed to evaluate controls. Internal auditors should ascertain the extent to which management has established adequate criteria to determine whether objectives and goals have been accomplished. If adequate, internal auditors should use such criteria in their evaluation.
28. lappuse - Thank you, Chairman Stearns, Ranking Member Schakowsky and members of the subcommittee.
12. lappuse - Chairman, that concludes my prepared remarks and I am pleased to answer any questions that you or other members of the subcommittee may have.