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Report Says 20% of Companies Manage Earnings | Whistleblowers Today

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Report Says 20% of Companies Manage Earnings

A survey of conducted by a group of finance professors at Emory University and Duke found that at least 20% of companies are managing earnings and using aggressive accounting methods. 

The study, which was based on an anonymous survey of CFOs, also reported that of the 20% of companies that manipulated their earnings, 40% did so to the downside.  When asked about the magnitude of the earnings misrepresentations, the study’s respondents said it was around 10% of earnings per share.  

To read more about the earnings survey, please click on Class Action Central

If you would like more information on earnings management or other news, please fill out the confidential form below.


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