Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports, Third Edition
- 318 páginas
- 12 horas de lectura
The tools investors need to stay abreast of management's latest accounting gimmicks
El Dr. Howard M. Schilit es un líder internacional en contabilidad forense y gobierno corporativo. Su experiencia se centra en la detección de artimañas contables y fraudes en los informes financieros. Su trabajo es fundamental para comprender las complejidades de los estados financieros e identificar prácticas engañosas. A través de sus publicaciones y apariciones públicas, ayuda a señalar las señales de advertencia temprana de irregularidades financieras, promoviendo una mayor transparencia en el mundo empresarial.


The tools investors need to stay abreast of management's latest accounting gimmicks
How to Detect Accounting Gimmicks & Fraud in Financial Reports
Written by the man Wall Street Week's Louis Rukeyser calls "an expert on corporate financial games, " this no-nonsense guide draws on eye-opening case histories of major companies whose recent accounting "shenanigans" brought in millions of investment dollars before they were exposed. Building on the specific lessons learned from these cases, Financial Shenanigans shows investors, lenders, auditors, regulators, and others how to immediately spot such misleading accounting tricks as: Recording revenue prematurely; Recording bogus revenues; Boosting income artificially with one-time gains; Shifting current expenses to a later period; Failing to record or disclose major liabilities; Shifting current income to a later period; Shifting future expenses to the current period. Plus there are tips on checking the balance of inventory, sales, and receivables. . .scrutinizing statements of cash flows. . .and much more!