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Report: Accounting Expertise in C-Suite Increases Likelihood of Misstatements

November 21, 2018

How important is it for CFOs or other top corporate executives to have accounting expertise? Around the turn of the century, when the financial director of a major bank stated that "the day of the finance director as bean counter is well and truly over," he was reflecting much contemporary thinking. But since then, perhaps driven by this century’s notorious corporate accounting scandals and severe worldwide economic recession, opinion appears to have shifted. Click here for more information.