Re:Show HN: Free 30-year financial statements visualization
by easytiger on Thursday April 28, 2022 @03:13PM
(#31196909)
Another trick is constantly buying companies/writing off stuff and abusing "goodwill" to give hard to compare yoy accounts. I can think of a number of companies who did things like that (e.g. Steinhoff) that later got found out (though they did other things too like pushing debt off their balance sheets to patsy companies)
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