{"id":751769,"date":"2023-03-28T13:50:03","date_gmt":"2023-03-28T17:50:03","guid":{"rendered":"https:\/\/spaceweekly.com\/?p=751769"},"modified":"2023-03-28T13:50:03","modified_gmt":"2023-03-28T17:50:03","slug":"study-finds-paying-corporate-accountants-more-removes-incentives-for-financial-misreporting","status":"publish","type":"post","link":"https:\/\/spaceweekly.com\/?p=751769","title":{"rendered":"Study finds paying corporate accountants more removes incentives for financial misreporting"},"content":{"rendered":"<p>Bad bookkeeping&#8217;s been in the news a lot lately. Sam Bankman-Fried&#8217;s FTX crypto empire came crashing down amid news that an $8 billion shortfall was being tracked in a sloppy Excel spreadsheet. The Brazilian retailer Americanas has been engulfed in crisis since it revealed a $3.8 billion accounting &#8220;irregularity&#8221;: Its cash reserves had suddenly vanished. The former CEO of the German payments firm Wirecard is on trial for allegedly reporting $2.1 billion in nonexistent revenues.&#013;<br \/>\n&#013;<br \/>\n&#013;<br \/>\n Click here for original story, <a href=\"https:\/\/phys.org\/news\/2023-03-paying-corporate-accountants-incentives-financial.html\" target=\"_blank\" rel=\"nofollow noopener\">Study finds paying corporate accountants more removes incentives for financial misreporting<\/a>&#013;<br \/>\n&#013;<br \/>\n&#013;<br \/>\nSource: Phys.org&#013;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bad bookkeeping&#8217;s been in the news a lot lately. Sam Bankman-Fried&#8217;s FTX crypto empire came crashing down amid news that an $8 billion shortfall was being tracked in a sloppy&hellip; <\/p>\n","protected":false},"author":1,"featured_media":615444,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[],"class_list":["post-751769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-phys-org"],"_links":{"self":[{"href":"https:\/\/spaceweekly.com\/index.php?rest_route=\/wp\/v2\/posts\/751769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/spaceweekly.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/spaceweekly.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/spaceweekly.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/spaceweekly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=751769"}],"version-history":[{"count":0,"href":"https:\/\/spaceweekly.com\/index.php?rest_route=\/wp\/v2\/posts\/751769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/spaceweekly.com\/index.php?rest_route=\/wp\/v2\/media\/615444"}],"wp:attachment":[{"href":"https:\/\/spaceweekly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=751769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/spaceweekly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=751769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/spaceweekly.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=751769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}