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    Johnnalee's Avatar
    Johnnalee Posts: 3, Reputation: 1
    New Member
    		  
    #1

    Oct 17, 2008, 09:01 PM
    Financial data misrepresentations
    What are common areas in the financial data of public corporations that have led to misrepresentations?
    MLSNC's Avatar
    MLSNC Posts: 158, Reputation: 17
    Junior Member
    		  
    #2

    Oct 18, 2008, 10:01 AM

    Overstating revenues, and assets.

    Understating expenses, and liabilities.
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