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Accounting Rule Reform

All articles tagged with #accounting rule reform

finance2 years ago

"SVB Collapse Sparks Calls for US Accounting Reform and Raises Concerns for Startups"

The recent losses of Silicon Valley Bank have led to calls for reform of US accounting rules, with critics arguing that the current regulations allow banks to overstate their assets and understate their liabilities. The losses have also raised concerns about the overall health of the US banking industry and the need for stronger financial regulations.