black-box accounting

black-box accounting definition - business

black-box accounting

Accounting methodology so complex that financial statements are nearly impossible to accurately interpret. Black-box accounting may be used to obscure unfavorable information.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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