Aggressive Accounting
The practice of inappropriately misconstruing income statements for the purpose of pleasing investors and inflating stock prices. Investopedia Says:
Hiding losses within subsidiary companies, not capitalizing expenses, and accounting revenues are only some of the examples of "cooking the books." Aggressive accounting has been in the recent spotlight as companies are being caught attempting to increase revenue inappropriately. Related Terms:
Accounting
Cook The Books
Cookie Jar Accounting
GAAP |