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After Tesco who is next for a dodgy revenue recognition admission? Any suggestions?

Tom Winnifrith
Tuesday 23 September 2014

As any bull market gets out of hand the aggressive accounting practices start to emerge. Managers on bonuses do whatever they feel able to get away with to deliver the sales and profits needed to justify crazy ratings. Tesco has done the right thing in suspending managers, coming clean and calling in auditors for a full forensic. The question I poser to you is who is next?

on ShareProphets | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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