FormerTimeTraveller
FormerTimeTraveller t1_ixsodw5 wrote
Reply to comment by DummyDumDump in China and the US have plans for nuclear-powered moon bases | Look out, moon. Here comes humanity by chrisdh79
It is true. Verified myself
FormerTimeTraveller t1_ixsoak7 wrote
Reply to comment by autostart17 in China and the US have plans for nuclear-powered moon bases | Look out, moon. Here comes humanity by chrisdh79
Not like that stops anyone in power
FormerTimeTraveller t1_je64v4n wrote
Reply to Aggregate measure of financial misreporting for nearly 2,000 companies in the U.S. suggests that the collective probability of fraud across major companies is the highest in over 40 years by marketrent
I’ve seen this in practice at a number of companies. I’m honestly not even so worried about the public companies, it’s the private ones that really spook me.
It’s so unbelievably easy to lie with accounting if you aren’t obsessive about making everything fit together correctly. And I honestly don’t think most small company controllers out there know where to start.
20% haircut on inventory and fixed assets doesn’t even begin to fix what I’ve seen out there.