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.
We washed our face or bathed with Camay or Big Bath Soap or the clear elegant Heno de Pravia.
He'd been luxuriating in his big bath in his grand suite and I was in my normal-sized room.
The building's interior offers all the essentials of modern luxury condos--oak wood floors, Miele appliances and big bath tubs.
THE ROOM 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.
with basically the same results: taking a big bath on share prices.
The large bathroom was lined with dark smooth marble, and contained twin sinks, a walk-in shower and a big bath, ideal for submerging tired limbs in invigorating salt waters.
Anecdotes indicate that this IFRS requirement was essentially ignored during the EU's big bath.