Accounting Ratios: The President and his Fortune-teller

Keron Bhattacharya

Chapter 9 in Accountancy’s Faulty Sums, 1992, pp 135-150 from Palgrave Macmillan

Abstract: Abstract Now if the profit is unreliable, massaged, tarted up and so is the capital employed and if you express nonsense as a ratio of nonsense or garbage as a ratio of garbage — what do you get?

Keywords: Account Standard; Minority Shareholder; Accountancy Profession; Equity Share; Ordinary Activity (search for similar items in EconPapers)
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-12887-7_10

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DOI: 10.1007/978-1-349-12887-7_10

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