Accounting Quote by Neal Boortz

Unfortunately, WorldCom is not the only company caught up in this kind of accounting scandal. The impact this will have on the general public…

— Bennie Thompson

I want to be clear. No company is too big to be prosecuted. We have zero tolerance for corporate fraud, but we also recognize…

— Alberto Gonzales

The U.S. government uses cash accounting. That is illegal for any enterprise of any size in America except for the U.S. government. Every for-profit…

— Jim Cooper

“Corporate governments have a long and established history of not prosecuting government officials that have been involved in blatant frauds.”

— Steven Magee

“Law enforcement are the facilitators of corporate fraud.”

— Steven Magee

Over the years, Charlie [Munger, Berkshire Hathaway Vice Chairman] and I have observed many accounting-based frauds of staggering size. Few of the perpetrators have…

— Warren Buffett

We're responsible for the fortunes of the company but this is a bone-dry situation in terms of access to credit. Nobody can operate on…

— Ratan Tata

There is no information about corporations. There is only disinformation.

— Ursula K. Le Guin

The corporation is one of the great unheralded human inventions of destruction. It is a way to absolve from any personal liability a bunch…

— Keith Olbermann

In the e-filing system, the accountant has the user identity and password of each company. This would potentially allow a rogue accountant to play…

— Sucheta Dalal

It is fraud to conceal fraud

— Legal Maxim

If you want to fight the evil you see in finance and industry, get to work reading the corporate filings, see if there has…

— Ben Stein