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A Useful Addition
Observations on Software - Markets, Technology, and Companies
Wednesday, February 20, 2002
Controversial Accounting Practices Under Review
Observations on Software - Markets, Technology, and Companies
Wednesday, February 20, 2002Controversial Accounting Practices Under Review
While it's not the first time critics have attacked Computer Associate's accounting practices, it's the first time the feds have expressed an interest.
Federal Inquiry Into Computer Associates. Federal prosecutors have opened an inquiry into whether Computer Associates deliberately overstated its profits to inflate its stock price and enrich its senior executives. [The New York Times: Technology]
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