earnings manipulation
[ˈɜːrnɪŋz məˈnɪpjəleɪʃən]
noun
manipulação de lucros
1. The practice of using accounting techniques to make a company's financial performance appear better than it actually is, often through aggressive accounting methods or intentional misstatement of financial results
The company faced investigation for earnings manipulation after auditors discovered inflated revenue reports.
A empresa enfrentou investigação por manipulação de lucros após auditores descobrirem relatórios de receita inflacionados.
2. Deliberate alteration of reported profits or earnings to mislead investors, creditors, or regulatory bodies
Earnings manipulation can include recognizing revenue prematurely or hiding expenses to boost quarterly profits.
A manipulação de lucros pode incluir reconhecer receitas prematuramente ou ocultar despesas para aumentar os lucros trimestrais.
In both the USA and Brazil, earnings manipulation is a serious legal and ethical issue heavily regulated by financial authorities (SEC in the USA, CVM in Brazil). Following major corporate scandals like Enron and WorldCom in the USA, and various cases in Brazil, regulatory frameworks have become stricter. The term is widely used in corporate compliance training and financial journalism in both countries. In Brazil, earnings manipulation cases often receive significant media attention and are treated as corporate crimes that can result in substantial fines and executive prosecution.
NYC Slang
cooking the books
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