Microsoft Accounting Practices Under Investigation
from the surprise-surprise-surprise dept
This story came out yesterday, but today was the first time I saw an article that had more details of Microsoft’s alleged accounting problems. This is not a surprise, however. The company has long been accused of “cookie jar” accounting to smooth out earnings. You have to wonder when they’ve had something like 25 quarters in a row where they “beat” the earnings estimates. Someone is doing something questionable for that to happen.