Financial Accounting Blog

Friday, December 12, 2003

To follow up with from my previous post about Goodyear, now it's reported that Goodyear has found even more accounting errors. Most of the blame, according to this article, is put on the Accounting software that they were using. This brings up a question --- do companies hold the software designers accountable for such errors (i.e. sue them) or is the "it was the software's fault" a common excuse that never gets followed up on?