Lynn Turner Quotes



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Improvements | Governance | Areas | Improvement |
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As it's noted in the release Andersen was aware of the problem and agreed to go along with it... That is problematic not only in this one but time after time after time at the SEC we saw that occurring, unfortunately in this case the number are just humongous.
- Lynn Turner

For a company such as Merck to reflect as revenues in its financial statements billions of dollars of co-payments a customer makes directly to another company, the pharmacy, which the pharmacy collects and never remits to Merck, just does not reflect the economics of what is occurring... If that is what the SEC accepts, then investors are in trouble and our financial reporting indeed needs improving.
- Lynn Turner
