Unformatted text preview: falls. There were many information technology firms that expanded too rapidly and misreported revenue and earnings to hold onto stock prices and please executives and investors which lead to massive accounting fraud cases as well as damage to the economy. There will always be a downside to ever coin but when it comes to the advances that we are experiencing with technology, the pro’s will always outweigh the negatives...
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- Spring '11
- Business, Accounting scandals, Teleconference, massive accounting fraud, video conference calls