Topic: DOD Financial Management Regulation
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Answers to Common Questions
How the government could have managed their regulation of the fin...
With seemingly good intentions, Congress enacted the Community Reinvestment Act in 1977. Congress felt that everyone deserved a home of their own and that banks were excluding too many from home ownership by having credit standards that wer... Read More »
Source: http://answers.yahoo.com/question/index?qid=20111210164931AA2H6V4
Where is the DoD Financial Management Regulation 7000.14-R (FMR)?
The FMR is not hosted on the DoD Issuance Website, but you can find the FMR at this website http://www.defenselink.mil/comptroller/fmr/ . Read More »
Source: http://www.dtic.mil/whs/directives/faq.html
Why did regulators not manage to prevent the financial turmoil?
The turmoil began in the US market, so EU legislation per se could not have prevented it from happening. The firms selling sub-prime mortgages to high risk borrowers were not banks, but unregulated mortgage companies; the low quality of the... Read More »
Source: http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/08/1...
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Answers to Other Common Questions
The State Administrative and Accounting Manual ( SAAM ) travel section can be found on the Office of Financial Management website. The travel section is Chapter 10 .
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Source: http://www.ga.wa.gov/Travel/PerDiem.htm
Each country has its own regulatory scheme, but the regulators all talk to each other. The result is that the regulatory structures borrow and learn from one another, although the structures are entirely different. Spangler: The U.S. market...
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Source: http://www.metrocorpcounsel.com/articles/6272/uk-law-firms-kramer...
The Act provides that the monitor must establish and maintain a trust account for each multiple venue linked jackpot arrangement.
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Source: http://www.gamblinglicences.vic.gov.au/monitoring-licence/questio...
I think there will probably be workload increases. Still, I think there is going to be increased demand for staff to address the various requirements, especially for accountants who work at banks and financial services firms, or those who s...
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Source: http://approva.net/controlfreak/tag/accounting/
