•   Tuesday February 9 2010
Bookshop



Financial Shenanigans by Howard Mark Schilit
  • Financial Shenanigans

  • How to Detect Accounting Gimmicks and Fraud in Financial Reports
  • by Howard M. Schilit
Usually ships within 3 to 5 working days

    • Product code: 9502
    • ISBN: 0071386262, ISBN13: 9780071386265, 240 pages, hardback
      Published by McGraw-Hill Professional, 2nd Revised edition edition, 2002

    If you have an opinion on this book, we'd love to hear your review - please Email us

    Description of Financial Shenanigans


    Techniques to uncover and avoid accounting frauds and scams Inflated profits ..., suspicious write-offs ..., shifted expenses ...- these and other dubious financial maneuvers have taken on a contemporary twist as companies pull out the stops in seeking to satisfy Wall Street. "Financial Shenanigans" pulls back the curtain on the current climate of accounting fraud. It presents tools that anyone who is potentially affected by misleading business valuations - from investors and lenders to managers and auditors - can use to research and read financial reports, and to identify early warning signs of a company's problems. A bestseller in its first edition, "Financial Shenanigans" has been thoroughly updated for today's marketplace. New chapters, data, and research reveal contemporary "shenanigans" that have been known to fool even veteran researchers.

    Contents of Financial Shenanigans

    1. What are shenanigans?
    2. Searching for shenanigans
    3. Shenanigan No. 1: Recording Revenue Too Soon
    4. Shenanigan No. 2: Recording Bogus Revenues
    5. Shenanigan No. 3: Boosting Income with One-Time Gains
    6. Shenanigan No. 4: Shifting Current Expenses to a Later Period
    7. Shenanigan No. 5: Failing to Record or Disclose All Liabilities
    8. Shenanigan No. 6 : Shifting Current Income to a Later Period
    9. Shenanigan No. 7: Shifting Future Expenses to the Current Period
    10. Cash Is King: Study the Statement of Cash Flows
    11. Keep Everything in Balance: Inventory, Sales, and Receivables
    12. Preventing Shenanigans
    13. A Century of Shenanigans

    About Howard Mark Schilit

    Howard M. Schilit, Ph.D., CPA, is president of the Center for Financial Research and Analysis (CFRA), a leading independent financial research organization, and is one of today's leading authorities on detecting accounting gimmicks. Dr. Schilit, a former professor at American University, has been quoted or featured in numerous business publications including The Wall Street Journal, BusinessWeek, Fortune, and The New York Times, and has appeared on CNBC, CNN, and other networks. He is also the coauthor of Blue Chips and Hot Tips.

    Categories

    Jump back to site navigation