A fund manager states: I refuse to buy any company that makes a voluntary accounting change, since

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A fund manager states: "I refuse to buy any company that makes a voluntary accounting change, since it's certainly a case of management trying to hide bad news." Can you think of any alternative interpretation?

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Business Analysis Valuation Using Financial Statements

ISBN: 978-1111972301

5th edition

Authors: Paul M. Healy

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Question Posted: Dec 22, 2017 07:32 AM

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A fund manager states: I refuse to buy any company that makes a voluntary accounting change, since

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Major pit falls in analysis of accounting comes up when people those who analyze conclude that all changes in a firms policies of accounting accrues t...View the full answer

Business Analysis Valuation Using Financial Statements

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