Module Four Discussion Question

Search the web for instances of possible impropriety relating to earnings management.  This could be news reports, Securities and Exchange Commission violation reports, fraud charges, or any other source of alleged financial statement judgment lapse.

In your post include the name and industry type of the company you are discussing, describe the purported indiscretion, and how it relates to misreporting earnings or shady accounting, estimate the impact of the potential misrepresented amount.

You do not need to have proof that a compromise occurred, but you do need to have a source of your reporting of the potential trouble.

Make sure to provide a link to the information you found, to allow accurate verification of your answers.