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2 Results for Tag: kiting

Kiting

Kiting What is 'Kiting' Kiting is the act of misrepresenting the value of a financial instrument for the purpose of extending credit obligations or increasing financial leverage. 2. A fr

Lapping Scheme

Lapping Scheme What is a 'Lapping Scheme' A lapping scheme is an accounting method that involves altering the accounts receivable section of the balance sheet when cash that is intended fo