Massage, Not Good

I read this item in the New York Post about staffers at Christies’ not getting for work this month, and I am surprised. In the current climate of Sarbanes-Oxley, not paying payroll is a way to “massage earnings”.  That is not good accounting and it is not good business.

Keep it simple, b!tches!

Pay expenses in the period they were incurred.

Record revenue in the period it was earned.

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