Big Bath


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Big Bath

The practice of making poor earnings of a company, especially of a publicly-traded company, appear worse than they really are. One may accomplish a big bath through write-offs, prepaid expenses, and so forth. The hidden earnings are revealed in a year, when earnings are better, to make them look even better than they really are. A new CEO sometimes takes a big bath to artificially inflate earnings in the second year of his tenure. This allows him to blame the previous bad year on the CEO who came before him. Not coincidentally, it also increases this CEO's chances of receiving a large bonus in the second year.
References in classic literature ?
Her mother tubs her, for she is far too precious to be touched by any nurse, and then she is rolled up in a big bath towel, and only her little pink toes peep out; and when she is powdered, and combed, and tied up in her night-dress, and all her curls are on end, and her ears glowing, she is knelt down on her mother's lap, a little bundle of fragrant flesh, and her face reflects the quiet of her mother's face as she goes through her evening prayer for pity and for peace."
Moraes are the authors of the research titled Last chance for a big bath: managing deferred taxes under IAS 12 in Brazilian listed firms, which investigates whether Brazilian loss-making firms manage deferred income tax as a form of big bath strategy.
If there is anything we wanted to take to Ghana it would have been the big bath towels.
"So we just watched all the craziest stuff; we watched tons of GLOW, we watched tons of crazy Eighties movies and we tried to just take a big bath in the culture of the time.
We washed our face or bathed with Camay or Big Bath Soap or the clear elegant Heno de Pravia.
"Jay says, 'Oh yeah, hink uite!' ting n his I was -sized on't we u sorry gaffer, I think I've taken your suite!' He'd been luxuriating in his big bath in his grand suite and I was in my normal-sized room.
I overheard one of the guests saying they wouldn't have wanted to stay in "the room with the big bath" because it would have taken too much time to fill.
The building's interior offers all the essentials of modern luxury condos--oak wood floors, Miele appliances and big bath tubs.
A mix of modern and rustic charm, with fur spreads over the comfy double bed, a big bath and a flatscreen TV.
I LOVE a big bath with loads of bubbles and putting on some cosy pyjamas.
The most commonly discussed forms of the legal earnings management practice are: income smoothing management or cookie jar accounting, income increasing management and, booking large losses or taking an accounting big bath. Our paper primarily deals with earnings management in the form of accounting big bath.