Thursday, 11 July 2013

BLACK BOX ACCOUNTING


Today's word: BLACK BOX ACCOUNTING
Theme for this fortnight: ACCOUNTING



 
               Complex and confusing accounting methodology that makes financial statements hard to interpret by an untrained individual. This type of accounting attempts to hide unfavorable information by restating facts and including unnecessary information. Companies looking to appear more profitable to potential investors will sometimes utilize this form of accounting.


0 comments:

Post a Comment