This case involves a company that included business segments focused on electrical and electronic components, healthcare and specialty products, and security services, using Quickbooks software services. The company generated $30 million in sales and a net worth of $20 million. Much of the company’s rapid growth derived from numerous small acquisitions. This strategy helped fuel a massive revenue growth rate and propelled the company’s stock price upward. Despite having made 20 acquisitions in a 2-year time period, the company never disclosed the acquisitions to the public. The CEO and CFO were fully aware of the lack of disclosure. The accounting department, comprised mostly of CPA backgrounds, underreported the pre-acquisition earnings of newly acquired companies in order to give the company an earnings boost after acquisitions. The CEO and CFO were indicted for accounting fraud.