The problems Kraft Heinz Co. disclosed last month are shining a light on another concern: the company’s tailored financial metrics that help make its results look better.
Since the 2015 merger that created Kraft Heinz, the packaged-food company has reported adjusted operating earnings totaling more than $24 billion. But reported cash flow from operations under standard accounting rules for that same period was only about $6 billion.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
It is called CREATIVE ACCOUNTING!
U wot? Red sauce, brown sauce or no sauce at all. Stop fkn confusing things.
Tailored financial metrics usually end up going bad. Good luck WeWork.
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