4 ms·
Yes, and also on costs - who hasn't been in a company who tries to either pull cost forwards / backwards across financial years? This is effectively the same, j
by Closi 4y ago
Yes, and also on costs - who hasn't been in a company who tries to either pull cost forwards / backwards across financial years? This is effectively the same, just with revenue.
- hef19898 4y agoAnd both are illegal ubder Sarbanes-Oxley for public US companies. SOX came into being after Enron went bust for, among other things, doing exactly that. Because it is a very easy way to cook your books. If a company is doing it, it mounts to fraud and is a red flag.