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Strategies & Market Trends : Aardvark Adventures
DAVE 235.29+5.2%Nov 7 9:30 AM EST
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To: ~digs who wrote (473)5/3/2004 6:15:50 PM
From: ~digs  Read Replies (1) of 7944
 
Nearly half of the [179] finance executives we surveyed report that they still feel pressure from their superiors to use aggressive accounting to make results look better. cfo.com||T|1321,00.html?f=home_todayinfinance

Only 27 percent say that if they were investing their own money, they would feel "very confident" about the quality and completeness of information available about public companies. (The rest were either "somewhat confident" or "not confident.")

...most concede that while costly, the much-loathed Sarbox is doing some good. Seventy-seven percent say the law makes it easier to resist pressure from a superior to misrepresent results.
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