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Financial Shenanigans: How to Detect Accounting Gimmicks and Fraud in Financial Reports

by Schilit, Howard M.

  • ISBN: 9780070561311
  • ISBN10: 0070561311

Financial Shenanigans: How to Detect Accounting Gimmicks and Fraud in Financial Reports

by Schilit, Howard M.

  • List Price: $22.95
  • Binding: Hardcover
  • Publisher: McGraw-Hill Companies
  • Publish date: 12/01/2008
  • ISBN: 9780070561311
  • ISBN10: 0070561311
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Description: Would a company with serious financial problems want to broadcast that fact in its corporate report? Of course not! Prospective investors and lenders should understand that some companies in hot water try to hide the fact with "creative accounting" techniques that provide a distorted picture of their financial health. Now a noted authority uncovers the gimmicks which can hide ailing finances. 20 illustrations.
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