Transparent Accounting? For the economy, finance world and taxing purposes? How to facilitate comprehension for the common people?
Transparent accounting: Based on revenue and posted 9 years ago, This is one of my Daydream ideas. Revenue is the one item in the balance sheet that No corporation is about to cheat on, Not even gang and drug criminal organizations cheat on it. Why? You cannot have a balance sheet or working statement or any other accounting gimmick without accurate revenue… They know how much the company is generating in gross profit, excluding side revenues and under the table bonuses and favors… For example, the percentage on the revenue for their to 50% of the gross profit, and then all ...