In economics and finance, nothing can be measured with the precision possible in the physical sciences. However, approximate measurement is often sufficient as long as the method of measurement remains the same over time. It is important for anyone who is considering buying stock in a company to know that of accounting have been followed, Unfortunately, even when auditors certify that company has prepared its financial reports properly, they cannot always be certain that all figures are 100 percent accurate. Because a company's books are not open to public scrutiny, it is possible for a company to distort its financial status. Accounting scandals occur because of dishonesty, questionable accounting practices, or outright criminal behavior. Although the accounting profession and government agencies have attempted to reform some of these abuses. th lurinolil ol n let the buyer beware- must still guide one's financial transactions.