Financial Accounting Blog

Monday, December 15, 2003

As we move to the end it is time to blog some opinion. From McKinsey Quarterly Numbers investor’s can TRUST.
"Executives worry too much about accounting strategies that aim to smooth the performance of companies over time and reduce everything to a simple, bottom-line number. To show what goes into it, companies and their investors would be better served by a greater degree of disclosure. This in turn would help rebuild the trust between them."