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Esoteric hint on your mystery stock but I first read about it in a forensic accounting course due to the case of them recognizing revenue early on lease/servicing contracts. Internally their accounting method was called the "return on equity" method. Their auditor at the time KPMG even got an SEC complaint over it.
Esoteric hint on your mystery stock but I first read about it in a forensic accounting course due to the case of them recognizing revenue early on lease/servicing contracts. Internally their accounting method was called the "return on equity" method. Their auditor at the time KPMG even got an SEC complaint over it.
I'll copy that Ian 😉!
I would write more, but I am out of ink.