 Will learning another language really bring value to my career/salary? |
| Will receive benefit in salary, opportunity, or simply personal/professional development? Thanks in advance!... |
|
 Has any 1 heard of tnt courier service they say u have won money and want u 2 pay a large amount in postage? |
| had a email from tnt courier serviceuk courierdelivery @live.com saying ive won a large amount of money from uk lottery in liverpool i have order num ref num etc and want me 2 pay 300 two 400 pound ... |
|
 Should Old Navy store prices be the same as online prices? |
| Before going to my local Old Navy store, I looked up the prices of this pair of plaid shorts online. The shorts were originally $30, but they were listed online as $15. When I went to the store, ... |
|
 Is Serena Williams the biggest sore loser ever? |
| I guess she feels entitlement. Maybe she should move to New Orleans.... |
|
 How much does the wal-mart deli pay? |
| I recently lost my job where I was making 8.00 an hour at a gas station. So I applied at Wal-Mart and they called my back and said they had a opening position in the deli. I was wondering how much do ... |
|
 Where can i find a reverse directory? |
| sombody called me from an 877 # how can i find out who thay are?... |
|
 Has any one out there ever sold stuff on Ebay? |
If so what are some pointers that you could suggest to me?
I would like to sell some items...but not sure how to go about being able to really get them sold to people and what are the best ... |
|
 Question for managers and recruiters? |
| I've been at my company for 3 years. I work along side four women who are extremely volatile. (1) throws tantrums and cries if you ask her a question, (2) cries at her desk when she's ... |
|
|  |
rubber losanges | Would a company be rewarded for keeping things off balance sheet? |
could a company keep something off balance sheet, perform better cause of this and then pay that off like it never existed so they actually benefit from keeping that thing off balance sheet in the first place?
If so do you know the term for such a practise and is this a form of window dressing?
Additional Details
yes because it is not declared - but firms are only really penalised when they perform worse - if they were to perform well - everyone is happy its like it never existed.
Can they perform better though by keeping something off balance sheet? i dont see the mechanism how its possible - maybe they secure more investment? but then how does that help? they have more debt surely? |
 |
 
George
|
In the US if it is a public company it is a crime. if it is a private company the owner can do what they want but if there are partners and they are being deceived then it is at least a civil matter and could be a crime depending on demonstrateable impact. |
|
RevealTheTruth
 |
Companies have legal options for keeping items off balance sheets. Instead of purchasing equipment, a company could finance through an "expense" lease. The company recognizes the expense on the Income & Expense Statement but a liability does not appear on the Balance Sheet as a loan or "capital" lease.
This could benefit a company by allowing them to get greater financing at a lower rate because the balance sheet looks better to lenders.
If a company is hiding true liabilities from a lender or fails to show liabilities as publicly traded company, this could be fraud. Hopefully, external audits find this type of behavior. |
|
curtisports2
|
It's called fraud. |
|
leesa
|
Yes, this is called, "Pulling a Country Wide Financial". Or, others call it, "Pulling a Washington Mutual". |
|
TV
|
The company will be rewarded with punishment, prosecution and penalties when they are caught.
It is illegal to keep figures off the balance sheet in any corporate affairs be it USA or Uk or Any other country. |
|
oysterStar
|
It sounds like you are talking about the three sets of books company's keep to either impress shareholders, to make the company look strong to everyone else, and then the very accurate one they only pull out when the IRS calls.
With the accounting practices of companies these days with all the special disclosures, everything has to be accounted for. It might not be on one book for the investors, but nothing should be left out for the IRS books. |
|
bob
 |
If you are trying to get an investor to invest in your company, you would want to keep the liability off of you balance sheet. You also would want to include as many assets as possible.
If you are filing your taxes, you would want the liability on your balance sheet. The liability would give you a larger expense to write off on your taxes. Also you would want to expense more items and capitalize (record as asset on balance sheet) fewer items. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
7 | 25 minutes(s) ago
| | | |
7 | 32 minutes(s) ago
| | | |
7 | 2 hour(s) ago
| | | |
7 | 7 hour(s) ago
| | | |
7 | 8 hour(s) ago
| | | |
7 | 9 hour(s) ago
| | | |
7 | 1 day(s) ago
| | | |
7 | 2 day(s) ago
| | | |
7 | 6 day(s) ago
| | | |
7 | 1 week(s) ago
| |
|
Homepage 
Financial
Forum 
Corporations 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
