Complex and confusing accounting methodology that makes financial statements hard to interpret by an untrained individual. This type of accounting attempts to hide unfavorable information by restating facts and including unnecessary information. Companies looking to appear more profitable to potential investors will sometimes utilize this form of accounting.
Related information about black-box accounting:
- Black Box Accounting Definition | Investopedia
Black box accounting is more likely to be used by companies seeking to hide information that they do not want investors to readily see, such as large amounts of ...
- What is black-box accounting? - InvestorWords.com
Definition of black-box accounting: Complex and confusing accounting methodology that makes financial statements hard to interpret by an untrained individual.
- Black-Box Accounting - Financial Dictionary - The Free Dictionary
A slightly pejorative term used to describe highly and deliberately complex accounting methods. Companies usually use black-box accounting when they wish to ...
- Black-Box Accounting: Definition from Answers.com
financial statements based on accounting methodologies so complex that numbers, although accurate and legal, obfuscate rather than clarify.
- What is black-box accounting? - BusinessDictionary.com
Definition of black-box accounting: The use of an accounting system that does not represent income and expenses as with a normal accounting practice.
- The Accounting Black Box - NYU Stern School of Business - New ...
The result has been a rise in so-called black-box accounting: financial statements , like Enron's, that are so obscure that their darkness survives the light of day.
- black-box accounting - Invest Definition
black-box accounting definition: Accounting methodology so complex that financial ... Black-box accounting may be used to obscure unfavorable information....
- The Contractor And The Black Box - Uncategorized
Jul 25, 2010 ... After a while, the discussion ends with everyone losing faith and trust in each other and the Black Box accounting system. The answer is to ...