New Accounting Term Definitions

Off Topic » in reply to Restoring public confidence.

p — 7/17/2002 3:16:08 PM (archived)

A bit of MBA humor...

- EBITDA = Earnings before I tricked the dumb auditor.

- EBIT = Earnings before irregularities and tampering.

- CEO = Chief Embezzlement Officer.

- CFO = Corporate Fraud Officer.

- NAV = Normal Andersen valuation.

- EPS = Eventual prison sentence.

The whole thread (10 posts)

Restoring public confidence. - Bowser - 7/15/2002 2:26:06 PM
- You might want to ask Senator Dodd about that - Larry J - 7/17/2002 5:16:09 PM
- New Accounting Term Definitions - p - 7/17/2002 3:16:08 PM
- Of course, those who've committed the biggest fraud in all history are exempt - Larry J - 7/16/2002 3:20:21 PM
  - What? - Bowser - 7/16/2002 3:37:37 PM
    - When you're talking about a potential unfunded liability of $25 trillion - Larry J - 7/16/2002 5:35:59 PM
      - Well, I wasn't, really. - Bowser - 7/16/2002 6:03:00 PM
        
        There are already hundreds of laws on the books - Larry J - 7/16/2002 6:19:37 PM
    - Wrong. - Scott - 7/16/2002 10:09:08 AM
- Accountant's liability - Scott - 7/16/2002 10:02:10 AM

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