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Asensio Co.: Able's Accounting Fraud Fully Exposed

Asensio Co.: Able's Accounting Fraud Fully Exposed

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_wirefeeds_449886261

Asensio Co.: Able's Accounting Fraud Fully Exposed

About this item

Full title

Asensio Co.: Able's Accounting Fraud Fully Exposed

Publisher

New York: PR Newswire Association LLC

Journal title

PR Newswire, 1999, p.1

Language

English

Publication information

Publisher

New York: PR Newswire Association LLC

More information

Scope and Contents

Contents

Able Telcom Holding Corp.'s (Nasdaq: ABTEE) Form 10K included a financial statement showing net income of $2.5 million, operating cash flow of $6.9 million and shareholders' equity of $40.2 million. These figures were created using a large series of extraordinary accounting entries. In fact, adjusted to exclude only some of these obfuscating non-ca...

Alternative Titles

Full title

Asensio Co.: Able's Accounting Fraud Fully Exposed

Identifiers

Primary Identifiers

Record Identifier

TN_cdi_proquest_wirefeeds_449886261

Permalink

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_wirefeeds_449886261

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