In general, accounting gimmicks [also known as aggressive accounting or creative accounting or shenanigans accounting] are actions that intentionally distort a company’s reported financial statement. They range from benign [changes in accounting estimates] to egregious [fraudulent recognitions of bogus revenue]. They occur at companies of all sizes, from small—unknown firms to the most prominent global ones. This post provides a general overview of accounting gimmicks. And answer the following questions: What specific techniques are used? What are the basic strategies underlying the [...]