The Enron accounting of Private Finance Initiatives
The Treasury Select Committee (TSC) has recently directed its fire at PFI deals – and not before time. PFI became widely adopted in the early 1990s and has expanded remorselessly ever since. In essence, it is a procurement initiative for large … Continue reading
Source: http://www.pensions-advisory-service.info/the-enron-accounting-of-private-finance-initiatives/
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