Explain the following financial shenanigan techniques: 1. Big bath accounting 2. Cookiejar accounting 3. Channelstuffing 4. Roundtripping
Question:
Explain the following financial shenanigan techniques:
1. ‘Big bath’ accounting
2. ‘Cookiejar’ accounting
3. Channelstuffing
4. Roundtripping
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1 Big Bath Accounting Description This technique involves intentionally loading a single period with large expenses often by writing down assets or re...View the full answer
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