It's amazing how much accounting creates dumb business decisions
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Date: September 28th, 2024 10:43 PM Author: nubile famous landscape painting background story
"Oh wow we have a profitable business unit but if i shut it down i get to capitalize some expense and it'll somehow look like I made money this quarter if I shut down that business line and make less money!
We need more magic money on the books this month i'm going to lay people off, pay them a year severance to not work, then hire them as consultants at their same pay.
Oh also we spent a year constructing this building, and now its almost done, but instead of opening it we're going to condemn it and take the loss now for our magic numbers for wall street.
(http://www.autoadmit.com/thread.php?thread_id=5603025&forum_id=2\u0026mark_id=5231527",#48141944) |
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