Tuesday, September 14, 2004

trouble in donutland

From Salon.com:
Shares of Krispy Kreme Doughnuts Inc. fell Monday after the company said an independent auditor refused to sign off on the firm's second-quarter financial statement until an outside law firm hired by the company's board performed additional work.
As it happens, the auditor has been suspicious of Krispy Kreme's accounting for quite some time, but in the past had always been able to be convinced to set his concerns aside in exchange for some particularly enticing doughnuts. Then, he went on Atkins.

1 comment:

goesh said...

- and here I thought people were starting to believe that trans-fatty acids clog the arteries - now we hear an auditor clogged the books -