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Old 03-18-2017, 12:43 AM   #3
baakyocalder
 
Join Date: Jan 2009
Location: Sacramento metro, California
Default Re: Technique of the Week: several for Accounting

There should probably be a specialization for cost accounting in there. While cost accounting is part of managing a company, there's a big difference between looking at overall reports and running sophisticated analysis of break-even points, profitability projections and cost variances.

One technique for you: channel stuffing. The sales are pushed towards the end of a period, even if not fully completed in actuality, so that it appears the company has strong sales. If done well, and some of those sales process later or are cancelled as an adjusting entry, it may be hard to see that sales were raised to make the company look more profitable.
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