Word: assets
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...FINANCE AND ACCOUNTING H&R Block has been busy hiring 1,200 financial advisers and marketing staff members as it broadens its tax-preparing business. Financial-services firms continue to look for financial planners and asset managers. Despite their role at Enron and in other corporate scandals this year, accounting and auditing are especially attractive fields, expected to grow nearly 20% in the next decade...
...Upon information and belief, the real reasons why the Pi Eta Alumni Members had decided on their own to sell the House was [sic.] because the real estate market in Cambridge had experienced unprecedented growth recently and the Pi Eta Alumni Members wanted to liquidate the asset and reap the appreciation while the market remained so strong. Additionally, their decision to sell was motivated by the fact that many of the Pi Eta Alumni Members were tired of serving on the Corporation and having any responsibility for overseeing the House asset.” Sigma Chi also says that...
...debutante tradition nods respectfully to the societal conventions of an earlier age—to the days when women were courted, men ruled supreme and good breeding was the ultimate asset. Girls who debut today find themselves in a virtual time warp...
...rule was originally going to require companies to post such losses as a relevant part of its continuing operations - which is hard to argue with when the asset is in the company's name - but businesses successfully lobbied to have the losses classified under "cumulative effects of changes in accounting principles." And now, even though they've got the rest of the year to do it, many companies are looking to get it out of the way while their excuse - the rule change - is still fresh in investors' minds...
...Qwest Communications, which acquired the former U.S. West in 2000 only to find a year later that Qwest itself was the overvalued asset, recently predicted a second-quarter goodwill write-down of $20 billion to $30 billion. Blockbuster on Wednesday logged its own loss of $1.82 billion. And the parade is just beginning - future candidates include WorldCom, which lists $50 billion in potentially-impaired goodwill but is only worth $42.7 billion in the market, and AT&T, still sporting $24.8 billion of goodwill from its hostile takeover of MediaOne in 1999. (Notice a lot of tech and telecom companies...