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New to This Edition
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- Updated with an extensive new Forward
- Now available as a new lower-priced paperback!
- Describes accounting problems that are so rampant in the business world today.
- Examples of aggressive and fraudulent revenue recognition and how to detect it.
- Tells students what to look for as signs of earnings manipulation based on interviews of financial analysts and lenders.
- Checklists that provides a student-ready instrument for detecting accounting misdeeds.
- Identifies the steps companies take to misstate financial performance and show how to detect misleading financial statements, including actual company examples.
- Shows how early detection of misleading financial reports can lead to corrective action and opportunity to avoid negative earnings surprises and share-price declines.
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