Home > Term: end-of-the-year convention
end-of-the-year convention
This term came about after the infamous Enron debacle. It refers to using undesirable accounting methods (like cookie jar accounting) to project a favorable stock price for the company when the stock is at a low on the market.
- Part of Speech: noun
- Industry/Domain: Accounting
- Category: General accounting
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Creator
- anton.chausovskyy
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