ACCOUNTING NOISE 1
Accounting is basically common sense. But there is such a thing as “accounting noise.”
Accounting noise is basically used by companies in financial trouble who are trying to hide their problems by employing all sorts of esoteric accounting jargon. If you look closely, these companies are usually overstating revenues or understating expenses or both.
Image from Microsoft Clipart
Tags: accounting fraud, common sense accountingRelated Stories
POSTED IN: Accounting Concepts, Accounting for NonAccountants, Random Thoughts on Accounting
0 opinions for ACCOUNTING NOISE 1
No one has left a comment yet. You know what this means, right? You could be first!
Have an opinion? Leave a comment: