We're seeing the end of “Income Smoothing”, an accounting practice questionably used because the cabal likes financial predictability even if (or especially when?) the results are arrived at fraudulently. .
Once the controllers are neutered, be ready for honest financial information that is full of the cabal’s hated “volatility”. Is the redditor investor army a prelude of what’s to come?
Income Smoothing
By Will Kenton
Updated Apr 4, 2020
What Is Income Smoothing?
"Income smoothing uses accounting techniques to level out fluctuations in net income from one period to the next. Companies indulge in this practice because investors are generally willing to pay a premium for stocks with steady and predictable earnings streams as opposed to stocks whose earnings are subject to more volatile patterns, which can be regarded as riskier.
"Income smoothing is not illegal if the process follows generally accepted accounting principles (GAAP). Talented accountants are able to adjust financial books in an above-board way to ensure the legality of income smoothing. However, many times income smoothing is done under fraudulent methods."
https://www.investopedia.com/terms/i/income-smoothing.asp
https://archive.md/WDT1J