CFOs Concede Earnings Are 'Managed': Study [NotSoBreaking] - MarketTicker Forums


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User Info	CFOs Concede Earnings Are 'Managed': Study in forum [NotSoBreaking]
Passivesf Posts: 5495 Incept: 2008-02-01	A study by four prominent business school professors on earnings quality shows that 'managed' earnings are not a figment of short-seller imaginations. In this case, the fudging relies on tools available in the gray area of Generally Accepted Accounting Principles to make results look better than the underlying business really is. http://finance.yahoo.com/news/cfos-conce.... ---------- "Banking institutions are more dangerous to our liberties than standing armies. The issuing power of currency should be taken from central banks and restored to the people, to whom it properly belongs" 2012-07-19 13:36:07 Permalink
Nuke_engineer Posts: 2704 Incept: 2007-08-19	Hehehe....IBM is the great classic case of this "phenomena". ---------- Trading and investing is understanding about people, emotions and corruption of government, corporations, banks and people using propaganda, lies, mathematics and bankster logic working against you. 2012-07-19 22:47:53 Permalink