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The CEO's decision to rely on cookie-jar accounting after a strong year distorted earnings and gave investors a false sense of security.
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The CEO's decision to rely on cookie-jar accounting after a strong year distorted earnings and gave investors a false sense of security.
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Related words
cookie-jar accounting
Noun
uncountable
Japanese Meaning
好調な年度の大きな利益や準備金を、業績の悪い年度の損失と相殺するために利用する会計手法。これにより、実際よりも損失が少なく見えるように財務状況を操作し、投資家を誤導する可能性がある。
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