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The Resource Financial shenanigans, Howard Schilit

Financial shenanigans, Howard Schilit

Label
Financial shenanigans
Title
Financial shenanigans
Statement of responsibility
Howard Schilit
Creator
Subject
Language
eng
Summary
  • Today's tumultuous corporate and financial markets and blinding new technologies combine to make accounting fraud much more high-impact and difficult to detect than in the past. As an investor or decision-maker, you must arm yourself with the latest investigative tools and techniques -- or run the daily risk of falling prey to these increasingly complex, costly scams and schemes
  • Financial Shenanigans, 2nd Edition, helps you fight fire with fire, giving you the state-of-the-art weapons you need to identify warnings of a company's problems before earnings come out and the damage becomes irreversible. It details the seven fundamental tricks that companies have used to fool auditors and investors for decades and provides updated information on how these shenanigans are being used in today's technologically advanced, financially savvy investment world. This fast-paced book provides updated explanations of how anyone can uncover and sidestep: Revenue tricks -- Side agreements lacking economic substance, investment income listed as revenue, release of revenue improperly "held back" before a merger, and more. Expense traps -- Shifting of current expenses to an earlier period, costs amortized too slowly, impaired assets not written down, and others. Liability scams -- Failure to record expenses and their related obligations, creation of sham rebates, reducing liabilities by changing accounting assumptions, and more
  • Also included in this one-of-a-kind primer are recommendations of oversight committees charged with investigating questionable financial practices. Insights are provided into history's most well-known and financially devastating frauds -- including the all-too-familiar warning signs behind this decade's massive Enron debacle. Numerous checklists, graphs, tables, and an accounting tutorial appendix make in-depth explanations both clear and accessible, even for those with little or no background in accounting or financial analysis
  • Though much has changed in today's business world, dishonest company executives will still stretch and even hide the truth in their search for faster revenue growth, attractive balance sheets, and higher stock prices. Financial Shenanigans digs deep into both the age-old psychology and up-to-the-minute tactics of corporate greed, and provides a step-by-step procedure for looking into a company's black-and-white financials to protect your investment -- while you still have an investment to protect
Cataloging source
DLC
Illustrations
illustrations
Index
index present
LC call number
HF5681.B2
LC item number
S3243 2002
Literary form
non fiction
Label
Financial shenanigans, Howard Schilit
Instantiates
Publication
Copyright
Note
  • Includes index
  • Printed and bound by R.R. Donelley & Sons Company
  • Printed on acid-free paper
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
  • Shenanigan No. 6 : Shifting current revenue to a later period
  • Shenanigan No. 7 : Shifting future expenses to the current period as a special charge
  • Database searching
  • Analyzing financial reports
  • Acquisition accounting tricks
  • Revenue recognition
  • History of financial shenanigans
  • Leading the battle to combat shenanigans
  • As bad as it gets
  • You can fool some of the people all of the time
  • Seek and ye shall find
  • Searching for shenanigans
  • Shenanigan No. 1 : Recording revenue too soon or of questionable quality
  • Shenanigan No. 2 : Recording bogus revenue
  • Shenanigan No. 3 : Boosting income with one-time gains
  • Shenanigan No. 4 : Shifting current expenses to a later or earlier period
  • Shenanigan No. 5 : Failing to record or improperly reducing liabilities
Control code
49225377
Dimensions
24 cm
Edition
Second edition.
Extent
vii, 296 pages
Isbn
9780071386265
Lccn
2002002879
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other physical details
illustrations
Label
Financial shenanigans, Howard Schilit
Publication
Copyright
Note
  • Includes index
  • Printed and bound by R.R. Donelley & Sons Company
  • Printed on acid-free paper
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
  • Shenanigan No. 6 : Shifting current revenue to a later period
  • Shenanigan No. 7 : Shifting future expenses to the current period as a special charge
  • Database searching
  • Analyzing financial reports
  • Acquisition accounting tricks
  • Revenue recognition
  • History of financial shenanigans
  • Leading the battle to combat shenanigans
  • As bad as it gets
  • You can fool some of the people all of the time
  • Seek and ye shall find
  • Searching for shenanigans
  • Shenanigan No. 1 : Recording revenue too soon or of questionable quality
  • Shenanigan No. 2 : Recording bogus revenue
  • Shenanigan No. 3 : Boosting income with one-time gains
  • Shenanigan No. 4 : Shifting current expenses to a later or earlier period
  • Shenanigan No. 5 : Failing to record or improperly reducing liabilities
Control code
49225377
Dimensions
24 cm
Edition
Second edition.
Extent
vii, 296 pages
Isbn
9780071386265
Lccn
2002002879
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other physical details
illustrations

Library Locations

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