a Better Bubble™

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Is a recession looming? Look to accounting fraud for answers

2 years 4 months ago
Will the U.S. economy go into a slowdown or recession? Elevated risk of accounting fraud serves as a useful signal, according to our recent research. What is financial reporting and can it be manipulated? Publicly traded companies in the United States must issue quarterly financial statements. These accounting reports allow players in the economy to make better, more informed decisions. However, companies sometimes manipulate financial statements to hide their true state of business. For example,…
Matt Glendening and Ken Shaw

STLCC alumna and Bank of America president receives Distinguished Alumni Award

2 years 4 months ago
Instead of paying for his children’s education, Laurel Bush provided them with jobs at his Kentucky Fried Chicken franchise. Marilyn K. Bush used her hard-earned dollars from the family business to pay tuition for Visitation Academy of St. Louis and later, Saint Louis University. To save money, Bush transferred to St. Louis Community College at Meramec in 1981 to earn an associate degree. “My path to St. Louis Community College had a lot to do with the quality of the staff and educational courses…
St. Louis Community College