http://supremerealtors.net/news/new-century-improper-accounting/ The Blog About Real Estates by the Experts Sun, 20 Apr 2008 10:23:06 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://supremerealtors.net/news/new-century-improper-accounting/comment-page-1/#comment-10 New Century - Improper Accounting at Sub Prime on The Finance World For News and Information Around The World On Finance Sun, 20 Apr 2008 10:23:06 +0000 http://supremerealtors.net/news/new-century-improper-accounting/#comment-10 [...] New Century - Improper Accounting The now bankrupt sub-prime lender has been found by courts to be at fault for not adopting standardized accounting procedures which could have allowed them to monitor the performance of the company. As far back as 2005, financial reports have been found to be false and heads are going to roll for sure. The company’s management has also been found to be at fault for the excessively aggressive pursuit of clients without proper risk-management analyses which could have also raised warning signs wa [...] [...] New Century – Improper Accounting The now bankrupt sub-prime lender has been found by courts to be at fault for not adopting standardized accounting procedures which could have allowed them to monitor the performance of the company. As far back as 2005, financial reports have been found to be false and heads are going to roll for sure. The company’s management has also been found to be at fault for the excessively aggressive pursuit of clients without proper risk-management analyses which could have also raised warning signs wa [...]

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