# Styling of facts

- Canonical URL: https://www.gerhardmerk.de/styling-of-facts
- Post ID: 588142
- Modified: 2023-07-25T21:14:04+00:00
- Language: en

## Definition

Euphemistic, trivializing term for all tricks and dodges with which a balance sheet is cooked up in such a way that it serves a desired result. - Basically, this always involves - hiding a profit, e.g. from the tax office or a subsidy-granting authority, or - concealing a loss, e.g. from the bank granting the loan. - Unfortunately, as past experience has shown, in many cases even auditors focused on the interpretation of financial statements of a particular industry were not able to see through such factual arrangements. Apparently, the more mathematical-statistical methods were used, such as discriminant analysis or logistic regression, the less the auditors seemed to be able to do so). - See disclosures, disguised, off-balance sheet, balance sheet cosmetics, stock market fraud, accounting, creative, accounting, manipulative, corporate governance, enforcement, financial reporting, financial mathematics, information overload, intra-quarter ballooning, crystallization, management pay, abusive, cherry-picking, consistency, substance-over-form principle, loss camouflage, understandability. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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