AccountingBLOCK

I came across this excellent article on Accounting Onion that talks about GM's new strategy of having the biggest ever cookie jar in history as to offset its losses and spread them through out the years.

Its no secret that GM is not the most efficiently run company in terms of profitability and innovation and soon toyota will be the number one.

It is an interesting article, check it out...

http://accountingonion.typepad.com/t...ding-work.html