I can find red flags in any company's accounting. Some of them like GE are so completely fucked over and obscured you are better off avoiding their statements. When you change how you measure something all previous stats are invalidated as a comparison going forward.
Sort of like when a 3rd person shooter has its RNG tweaked. Too much trouble to revise all historic numbers, probably impossible. Current stats no longer compare to previous.
You can revise calculations and bookings in nearly infinite ways but the statements are "standardized." For executives it's money or more favorable numbers just staring you in the face saying "take me."
I know, they get audited, which is the only thing containing the corruption.
Sort of like when a 3rd person shooter has its RNG tweaked. Too much trouble to revise all historic numbers, probably impossible. Current stats no longer compare to previous.
You can revise calculations and bookings in nearly infinite ways but the statements are "standardized." For executives it's money or more favorable numbers just staring you in the face saying "take me."
I know, they get audited, which is the only thing containing the corruption.