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10 Worst Corporate Accounting Scandals (Infographic)
By Invest Openly  •  October 4, 2017
In the recent years, there might be lesser reported corporate accounting scandals due to more stringent corporate governance and policies, however, it doesn't means there isn't any. Just like one of the advertisement motto by National Crime Prevention Council : Low Crime Doesn't Mean No Crime. Hence, corporate accounting scandal is still a real risk that every investor (big or small) need to be aware of. Recently, I've chanced upon a very cool infographic about the 10 worst accounting scandals of all times (mostly in terms of billions). Out of the 10 cases, top 3 are: 1. Enron Scandal (2001) - $74 billions 2. Bernie Madoff Scandal (2008) - $64 billions 3. Lehman Brothers (2008) - $50 billions Check out the all 10 cases below: Source: Accounting-Degree.org Cheers!...
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By Invest Openly
My name is Richard Ng and I am a Malaysian turned Singaporean. This is a personal blog of mine detailing my venture in Share Investment Project. All the details in this blog are from my real venture (as it happens) and all amount quoted are in SGD (Singapore Dollars), unless otherwise stated.
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