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Accounting = Weapons of Mass Destruction

“Accounting is the CEO’s “weapon of choice” that transforms the perverse incentive into what economists, regulators, and criminologists agree is a “sure thing” in crises (means).”

~ William K. Black, Associate Professor of Economics and Law at the University of Missouri-Kansas City.

“Accounting is the CEO’s “weapon of choice” that transforms the perverse incentive into what economists, regulators, and criminologists agree is a “sure thing” in crises (means).”

~ William K. Black, Associate Professor of Economics and Law at the University of Missouri-Kansas City.

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