Profiting from Their Own Mistakes

Software makers' corporate-governance programs to fix internal accounting problems have become hot sellers in a booming new market

Since Jeffrey Clarke reported for duty at software maker Computer Associates International (CA ) last April, he has spent much of his time fixing a financial system so flawed it allowed former employees to overstate revenues to the tune of more than $1 billion. "This is a company where the checks and balances failed. We're putting them in," says Clarke, CA's chief operating officer and acting chief financial officer.

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