Finance Assignment

Finance Assignment

Introduction

In the article “Fuzzy Numbers”, David Henry explains how the leading corporations of the world have developed a strong tendency to manipulate accounting figures and financial indicators in a bid to please investors. Referring to some of the largest businesses of the world as examples, David explains how businesses would rather prefer to misquote revenues, and mislead their investors than to displease them by reporting the true financial figures.

Discussion

It is indeed true that cut-throat competition and economic recession have increased, in businesses around the world,the tendency to employ desperate measures in order to meet projected levels of growth, forecasted ...