This is the second time in two years that Xerox has cut jobs and taken huge write-offs.
Then the Government allowed banks to cook their books to avoid huge write-offs on old debts gone bad.
That would have been impossible had it chosen the purchase accounting method, simply because of the huge yearly write-offs.
The bank announced huge write-offs, dismissed its chairman and is trying to sell some of its businesses.
The leaders have sprung back to life this year after low demand for their products had depressed earnings and forced huge write-offs.
you mean because zagros three's been closed down there'll be a huge write-off on the books?
Accounting principles have been violated five ways to Sunday for years - as evidenced by huge write-offs that never stop.
In recent years, Manufacturers has had huge write-offs of domestic loans.
Like other indebted European nations, we need a huge write-off.
Chase said that despite the huge write-offs, it would end the third quarter with $11.1 billion in capital.