The Number: How the Drive for Quarterly Earnings Corrupted Wall Street and Corporate America

Category: United States
Author: Alex Berenson
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Comments

by blawson   2017-08-19
Isn't this why Sarbanes-Oxley was introduced to begin with? Auditors getting too cozy with the companies they are meant to be impartially auditing, because most of their revenue actually comes from consulting.

The book The Number talks about this quite a bit: https://www.amazon.com/Number-Quarterly-Earnings-Corrupted-C...