Bies on effective accounting and disclosure

SPEECH - In the speech 'Effective Accounting and Disclosure for Financial Transactions and Financial Institutions' made on 7 November, Susan Bies of the Federal Reserve said a restoration of public confidence in the U.S. capital markets has begun, but the need for a cultural change in the accounting profession, in addition to more regulation, is evident.

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Remarks by Federal Reserve Governor Susan S. Bies, at the

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