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Is the decline in restatements really good news?
Stephen Taub

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"When it comes to strategic change, outsiders typically are good at doing the rapid cost cutting and divestment. As tenure increases, obvious opportunities for cost cutting and divestment dry up."

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Jan 28

Koss exec scandal looking less like an addiction

Posted by Going Concern in shoppingentrepreneurshipembezzlementcomplianceCFO

Going Concern

Submitted by Caleb Newquist, republished from Going Concern, Accounting News for Accountants and CFOs.

It's been a few days since we had read anything on embezzler of the year 2009, Sue Sachdeva. We figured the whole thing was on the fast track to getting resolved since her attorney started claiming that the woman has an addiction. Well today, we checked in over at Fraud Files Blog where Tracy Coenen has come up with a theory that blows the whole shop-until-you-die argument out of the water.

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