Henry Paulson, the U.S. Treasury Secretary, is proud of U.S. laws that enforce openness. In an article he authored in the Financial Times1 Paulson said, "Accurate and transparent financial reporting is vital to the integrity of our capital markets and the strength of the U.S."

That's great for the investment community, but what about the haggard managers and employee teams inside organizations who are stuck with flawed, misleading and incomplete internal reporting?

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