Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports, Third Edition
- 318 pages
- 12 hours of reading
The tools investors need to stay abreast of management's latest accounting gimmicks
Dr. Howard M. Schilit is an international leader in forensic accounting and corporate governance. His expertise centers on detecting accounting gimmicks and fraud within financial reports. His work is crucial for understanding the complexities of financial statements and identifying deceptive practices. Through his publications and public speaking, he helps illuminate early warning signs of financial misconduct, promoting greater transparency in the business world.


The tools investors need to stay abreast of management's latest accounting gimmicks
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 valuationsfrom investors and lenders to managers and auditorscan 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.