By Howard Schilit, Jeremy Perler
From the “ Sherlock Holmes of Accounting,” the instruments you want to remain a step prior to the crooks
“Howard Schilit is the authority on forensic accounting. Financial Shenanigans is priceless interpreting for marketplace contributors looking to establish misleading habit in corporation monetary statements.” Julian Robertson, mythical investor and founder, Tiger Management
“A must-read! The authors educate forensic financial plan research in an easy-to-digest structure with plenty of struggle tales. certain to aid traders of their quest to prevent ticking time bombs of their portfolios.”
Marc A. Siegel, board member, monetary Accounting criteria Board
“This is a undying advisor to higher know the way monetary malfeasance may be noticed early. Financial Shenanigans teaches we all fraud-detection-made-easy.”
Jules Kroll, pioneering deepest investigator and founding father of Kroll affiliates and K2 Global
“Required examining for each investor who wants to keep away from monetary losses. This re-creation is a vintage and higher than ever.”
Thornton L. O’glove, writer, Quality of Earnings
“If the unique Financial Shenanigans used to be the Bible of detecting accounting frauds, then this most recent model is the Talmud of cooked books. Regulators, audit committee participants, and enterprise reporters might be required to learn this paintings in the event that they are desirous about public companies.”
Boris Feldman, accomplice, Wilson Sonsini Goodrich & Rosati, Palo Alto
“An incisive and wonderful evaluation of the recipes utilized by enterprises and bosses to ‘cook the books.’ It’s a must-read for traders, legal professionals, company administrators, and someone else attracted to the integrity of the accounting and governance process.”
Joseph A. Grundfest, professor of legislations and enterprise and codirector, Rock heart on company Governance, Stanford legislation School
About the Book:
With significant monetary scandals doping up in better numbers―and with extra necessarily at the way―it hasn't ever been extra very important that you can comprehend what cheating businesses do to trick traders. because the early Nineties, Financial Shenanigans has been supporting traders unearth misleading monetary reporting on the most important time― sooner than they undergo significant losses.
Now, the 3rd version broadens its concentration to incorporate the most recent, such a lot refined options businesses use to misinform investors.
Referred to because the “Sherlock Holmes of Accounting” by way of BusinessWeek, Howard Schilit and popular forensic accounting professional Jeremy Perler take you deeper into the company bag of tips, exposing new degrees of accounting gimmickry and arming you with the investigative instruments you want to detect:
- Earnings Manipulation Shenanigans: study the newest tips businesses use to magnify profit and profits.
- Cash movement Shenanigans: observe new ideas devised through administration that permit it to govern money stream as simply as profits.
- Key Metrics Shenanigans: See how businesses use deceptive “key”metrics to idiot traders approximately their monetary performance.
Financial Shenanigans brings you thoroughly brand new on accounting chicanery within the worldwide markets, shining a mild at the so much surprising frauds and fiscal reporting miscreants. This insightful, distinct advisor written via famous specialists at the topic presents the data and instruments you want to spot even the main sophisticated indicators of economic shenanigans.