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U.S. Executives Face Deadline to Swear to Accuracy of Financial Reports.
Byline: Marcy Gordon
Aug. 5--In a year of massive accounting scandals, huge bankruptcies, handcuffed company executives, horrified investors -- and the conviction of accounting firm Arthur Andersen -- Aug 14 can be considered a day of reckoning.
That's the government's deadline for many of the nation's largest companies to submit sworn statements from their chief executive and chief financial officers certifying the accuracy of recent financial reports -- an unprecedented move designed to help restore investor confidence.
The election-year wave of business scandals has driven the market down to record lows and threatened political damage to the ...
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