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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: sylvester80 who wrote (26483)2/3/2002 3:11:40 PM
From: LTK007  Read Replies (1) of 99280
 
clipped from today's Barron's <<To at least some observers, corporate accounting is going to be a hot-button issue for many quarters to come. "I could teach an entire class on just the stuff that came out last week," notes a bemused David Hawkins, professor of accounting at Harvard Business School and a consultant with Merrill Lynch. "What we've seen so far is just the tip of the iceberg. I suspect that the 10-Ks coming out this month and next will make interesting reading in the post-Enron environment. Pitched battles are going on right now between accountants and companies. What I find disturbing is that so many large companies are being shown to have engaged in the same shenanigans as smaller companies of yore.">>
online.wsj.com
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