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Re: Chinese Ryder post# 44286

Friday, 12/16/2022 11:22:46 AM

Friday, December 16, 2022 11:22:46 AM

Post# of 46159
Is it because the auditor was not willing to 'Cook the Books'?
Cook the books is a slang term for using accounting tricks to make a company's financial results look better than they really are. Typically, cooking the books involves manipulating financial data to inflate a company's revenue and deflate its expenses in order to pump up its earnings or profits. In some cases, such as INTK, it also means that judgments and liens such as the long-standing IRS liens are not mentioned and are excuded in the hilarious version of financials provided by Stuart.
Bearish
Bearish