Profit manipulation, or commonly known as income smoothing, has become fixtures of life of many accountants. It is creative accounting on different interpretations of accounting principles and standards hovering on a thin line bordering frauds and irregularities and justifiable accounting treatments. Many thrive on creative accounting and have become billionaires.

I have shown in Accounting for Profit how you can manipulate aggressive and conservative accounting to your advantage, how you could benefit from those accounting methods by management discretion, and why you should refrain from those accounting practice by deliberate concealment. After reading Accounting for Profit, you may realise that 1 plus 1 is not 2. It is not 11 either, but can be anything you want it to be.

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