Accounting crises can hit companies right where it hurts: their credibility. We discover how by talking to Waste Management, JDN Realty and MicroStrategy as well as accounting experts and IR consultants
When Charles Talbert, IRO at JDN Realty, began planning his wedding, he didn't budget time to return hundreds of phone calls from irate investors. But that's just what he found himself doing last February when it was discovered that top executives at his Atlanta-based company had been paying themselves unauthorized benefits. The resulting accounting headache took Talbert totally by surprise: 'I was not aware of the event until the morning of the press release announcement.'Seldom does an IRO
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