Contains excerpts from an expert-panel discussion about fraudulent and questionable financial reporting. Focuses on: 1) the impact of pressures for short-term performance on organizational behavior, 2) the costs and benefits of playing games to "manage" short-term performance, 3) the roles of management, auditors, and the board of directors in making and approving judgments about accounting reserves, 4) the importance of people, as well as control systems, in the reporting process, and 5) the role of the board of directors in spotting problems.