Friday, November 04, 2005

And what countries would those be, exactly?

A direct quote from my Intermediate Accounting textbook (p 633):

    Japan adopted consolidated reporting under pressure from accountancy bodies in other countries, but Japanese consolidated statements don't really mean the same thing as those for countries based in western countries. [Emphasis added]
I assume they mean "companies based in western countries". I really hope so, anyway.

Sometimes, I really hate my course.

1 comment:

Anonymous said...

That is the worst, most convoluted sentence I have ever read. I am so sorry.