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When the Cap Fits

Article Abstract:

Recent British legislation gives the government the power of rate-capping. This is the authority to formally limit the revenue and spending of certain local councils. Pressures for this legislation are economic, political and constitutional. Local governments must move toward accountability and responsibility in order to regain their power.

Publisher: Economist Newspaper Ltd.
Publication Name: Economist
Subject: Economics
ISSN: 0013-0613
Year: 1984

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All too Tangible

Article Abstract:

Proposed Financial Accounting Standards Board (FASB) rule changes on pension liabilities are causing concern. The FASB wants pension obligations on the balance sheet. This new liability would cause problems for big corporations.

Publisher: Economist Newspaper Ltd.
Publication Name: Economist
Subject: Economics
ISSN: 0013-0613
Year: 1984
Compensation and benefits, Financial Accounting Standards Board

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Improper Profits

Article Abstract:

Proposed New British inflation-accounting standards are inadequate. A senior executive of Price Waterhouse charges an 'astonishing lack of understanding of the problem'. Areas of concern are reviewed.

Publisher: Economist Newspaper Ltd.
Publication Name: Economist
Subject: Economics
ISSN: 0013-0613
Year: 1983

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Subjects list: United Kingdom, Accounting, Standards
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