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10:34
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Originally posted by atethe:
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It is always interesting in reading the financial accounts ofan accountancy firm and seeing how they cook their books, as distinct to thebooks of their clients.
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It is common to see earnings management. The accounting firm may also be committed to such a game itself. I doubted when the CFO left following CEO there were many hidden stories. A listed firm without reasonable transparency can always be legitimately questioned. Reading the good and bad news about CUP, the tone is always positive, another strange part, but concealing the truth seems the only purpose.
(20min delay)