Definitions for TrueValueMetrics
Integrity is an important attribute of civil society ... and any society. Another related idea is trust. Without integrity and trust, it is difficult for a society to function ... and for an economy to flourish.
Rebuilding accounting integrity. The principles of accountancy have, over the past forty years been systematically diluted by lawmakers, regulators and rule making bodies at the behest of special interests so that modern financial reports have less reliability now for representing what is true and fair than in the past. This, more than any other single factor, explains the abysmal state of financial reporting in modern corporate organizations. The integrity of accounting ... and audit ... has not been served well by the profession.