Message Font: Serif | Sans-Serif
No. of Recommendations: 1
I saw an article the other day that showed pretty clearly
that the whole house of cards that is the financial system could
blow over if the creative accounting going in some very big companies
is allowed to continue..

I think that now the cat's out of the bag everyone will know that pro-forma earnings are suspect and will insist on properly audited accounts before making decisions. I also think that with the Andersen affair in the US accountant firms will be much more cautious about what they sign their name to.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.