Question

companies on the internet that have manipulated depreciation to show improved profits and report on what you found..

Answer 1

companies on the internet that have manipulated depreciation to show improved profits and report on financial statement manipulation.

What is financial statement manipulation?

• A significant and ongoing issue that costs billions of dollars annually is the manipulation of financial statements in order to defraud investors or avoid regulations.
• Additionally, managers may "cook the books" in order to be eligible for certain executive compensation that is based on the achievement of specific financial performance benchmarks.

What is the reason behind the financial statement manipulation?

• First off, the pay of corporate executives is frequently intimately correlated with the business's financial performance.
• They therefore have a direct motivation to present a positive view of the business' financial situation in order to fulfill predetermined performance standards and increase their own salary.

companies on the internet that have manipulated depreciation to show improved profits and report on financial statement manipulation.

To know more about financial statement manipulation, check out:

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