Did any companies involved in the New Economy keep truly honest books? Or did those that did all tank in 2001? The new revelations about AOL make you wonder. Aren’t we getting to the point now where, by definition, everybody in the industry had to know about these shenanigans since they seem to have been practiced at virtually every company?
Actually, I’ve got to start having one of the big five accounting firms do my books because my understanding, based on the AOL article, is that I could book my phone bills and clothing expenses (nonexistent though they are) and gas bills as article fees! I’m not even sure how it would work but I’m eager to try it out.
