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Clever accounting to hide bad, long-term economics

Czech translation: chytře vedené účetnictví skryje dlouhodobě špatné hospodářské výsledky

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21:24 Dec 12, 2010
English to Czech translations [PRO]
Tech/Engineering - Finance (general) / experts
English term or phrase: Clever accounting to hide bad, long-term economics
Scene two controllership
Clever accounting to hide bad, longterm economics

The CFO is interested, how Sales propose to make the required inventory turnover, given theit current surplus. Anita is able to tell him, the team has come up with innovative plan.

Anita : I got one of our distributors to give us a Purchase irder for enough inventory, to make up the whole sales shortfall. We are giving them a healthy discount of course and extended payment terms so that they should sell most stock before they pay us. We will also reimburse them for their cost of storing and carrying the inventory. The neat thing is they will accept title at the end of the quater as soon as we load the trucks at our docks. Ehmm, i verbally agreed, if they have more inventory then they need, they can return it in january.
breadfly
Local time: 04:56
Czech translation:chytře vedené účetnictví skryje dlouhodobě špatné hospodářské výsledky
Explanation:
...
Selected response from:

Zbynek Taborsky
Czech Republic
Local time: 04:56
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
3 +3chytře vedené účetnictví skryje dlouhodobě špatné hospodářské výsledky
Zbynek Taborsky


  

Answers


2 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +3
clever accounting to hide bad, long-term economics
chytře vedené účetnictví skryje dlouhodobě špatné hospodářské výsledky


Explanation:
...

Zbynek Taborsky
Czech Republic
Local time: 04:56
Specializes in field
Native speaker of: Czech
PRO pts in category: 36

Peer comments on this answer (and responses from the answerer)
agree  Pavel Prudký: ... s cílem skrýt...
12 mins
  -> Díky, Pavle!

agree  Ales Horak: jo, to je seriózní
14 mins
  -> Díky, Aleši!

agree  srubkova
5 days
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