Don’t Let ‘em Get Away With It!
Audit Integrity Chairman James Kaplan doesn’t believe shareholders should “be fined for the actions of company managers who engage in fraudulent activities…” His monthly Chairman’s letters have consistently encouraged regulators to throw the book at the offending management teams. His January 29th letter, which focused on Apple and Steve Jobs drew a barrage of criticism. This month he highlights the sheer size of some of the backdating offenses and points out that the statute of limitations is running out for SEC Chairman Cox to do something.
Audit Integrity is the leading provider of accounting and governance risk (AGR®) analysis on public companies. Through the forensic study of the factors behind fraud, Audit Integrity is able to determine the overall level of risk and the specific risk metrics in over 9,000 publicly traded companies. Check out Audit Integrity’s Product Overview and their Audit Integrity March Watchlist.
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