Accounting-Fraud Indicator Signals Coming Economic Trouble

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Accounting-Fraud Indicator Signals Coming Economic Trouble
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The M-Score is warning that the chance of fraud at major companies is the highest in over 40 years, writes Numbers columnist JoshZumbrun

Manipulation of earnings from Corporate America is on the rise, an ominous omen for the U.S. economy. That is the conclusion of new research on accounting fraud, using a technique that flagged Enron as an earnings manipulator several years before the energy company’s spectacular 2001 implosion.

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