Stuff I don't know

Undertoad · 08-08-2008, 12:15 PM

What's additionally confusing - and l123 correct me on this - is that the companies themselves have a take on the number, and can send their stock down before the forecast by just saying something like "uh... that's a pretty high number... uh... the bosses' auntie says we could have trouble in our international markets...."

My ex was a very strong accountant and would talk about the pressure to "make" the number, where the companies push things around the books in order to have a bigger earnings number. Fuckin' accountants.

08-08-2008, 12:15 PM	#11
Undertoad Radical Centrist Join Date: Jan 2001 Location: Cottage of Prussia Posts: 31,423	What's additionally confusing - and l123 correct me on this - is that the companies themselves have a take on the number, and can send their stock down before the forecast by just saying something like "uh... that's a pretty high number... uh... the bosses' auntie says we could have trouble in our international markets...." My ex was a very strong accountant and would talk about the pressure to "make" the number, where the companies push things around the books in order to have a bigger earnings number. Fuckin' accountants.

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