4 ms·
Dishonest isn’t what’s important. What’s important is legal and generally accepted and allowed accounting principles. Which I’m pretty sure they are following
by prepend 3y ago
Dishonest isn’t what’s important. What’s important is legal and generally accepted and allowed accounting principles.
Which I’m pretty sure they are following since they are required to follow these and are audited and checked up on by the SEC and others.
But yeah, everyone is doing as funny accounting as possible. That’s why we have laws and rules to specify what’s allowed. And it would be truly insane to talk about this on investor calls and whatnot if it was illegal.