Black-Box Accounting

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Definition: Black-Box Accounting

Black-Box Accounting
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Full Definition of Black-Box Accounting

Complex and confusing accounting methodology that makes financial statements hard to interpret by an untrained individual. This type of accounting attempts to hide unfavorable information by restating facts and including unnecessary information. Companies looking to appear more profitable to potential investors will sometimes utilize this form of accounting.

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https://payrollheaven.com/define/black-box-accounting/
Modern Language Association (MLA):
Black-Box Accounting. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
January 26, 2022 https://payrollheaven.com/define/black-box-accounting/.
Chicago Manual of Style (CMS):
Black-Box Accounting. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/black-box-accounting/ (accessed: January 26, 2022).
American Psychological Association (APA):
Black-Box Accounting. PayrollHeaven.com. Retrieved January 26, 2022
, from PayrollHeaven.com website: https://payrollheaven.com/define/black-box-accounting/

Definition Sources

Definitions for Black-Box Accounting are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.