Shocker: 20% of US Firms Cook the Books During Earnings

It's earnings time again and Wall Street is chomping at the bit for more information about the health of Corporate America. But a new report by finance professors at Emory and Duke University raises questions about the quality of earnings in general. In an anonymous survey of CFOs last year, the study found that at least 20% of companies are "managing" earnings and using aggressive accounting methods to legally alter the outcome of their earnings reports…....... Find out more at http://www.cnbc.com/id/49348649