How Toshiba Lost Its Way Through Deceit and Scandalous Strategy
How Toshiba Lost Its Way Through Deceit and Scandalous Strategy In a controversy that led to the resignation of its CEO, Toshiba, a Japanese multinational, inflated earnings by $1.2 billion. Unscrupulous accounting techniques such as anticipating future gains, delaying the recording of losses, and delaying charges were directly responsible for the scandal. Let’s first examine …