So infamous were Andersen’s false audits that President George W. Bush joked about them at […]
Tag: WMDs
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.