Fantasy Math Is Helping Companies Spin Losses Into Profits
▻http://www.nytimes.com/2016/04/24/business/fantasy-math-is-helpingcompanies-spin-losses-into-profits.html
L’explication est beaucoup moins fantasque une fois révélée la complicité des soi-disant « régulateurs »,
What’s surprising, though, is how willing regulators have been to allow the proliferation of phony-baloney financial reports and how keenly investors have embraced them. As a result, major public companies reporting results that are not based on generally accepted accounting principles, or GAAP, has grown from a modest problem into a mammoth one.
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