Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports, 3rd Edition

4.12 avg rating
( 971 ratings by GoodReads )
 
9780071703079: Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports, 3rd Edition

From the “ Sherlock Holmes of Accounting,” the tools you need to stay a step ahead of the crooks

“Howard Schilit is the authority on forensic accounting. Financial Shenanigans is invaluable reading for market participants seeking to identify deceptive behavior in company financial statements.” Julian Robertson, legendary investor and founder, Tiger Management

“A must-read! The authors teach forensic financial statement analysis in an easy-to-digest format with lots of war stories. Guaranteed to help investors in their quest to avoid ticking time bombs in their portfolios.”
Marc A. Siegel, board member, Financial Accounting Standards Board

“This is a timeless guide to better understand how financial malfeasance can be spotted early. Financial Shenanigans teaches all of us fraud-detection-made-easy.”
Jules Kroll, pioneering private investigator and founder of Kroll Associates and K2 Global

“Required reading for every investor who desires to avoid financial losses. This new edition is a classic and better than ever.”
Thornton L. O’glove, author, Quality of Earnings

“If the original Financial Shenanigans was the Bible of detecting accounting frauds, then this latest version is the Talmud of cooked books. Regulators, audit committee members, and business journalists should be required to read this work if they are involved in public companies.”
Boris Feldman, partner, Wilson Sonsini Goodrich & Rosati, Palo Alto

“An incisive and entertaining review of the recipes used by corporations and executives to ‘cook the books.’ It’s a must-read for investors, lawyers, corporate directors, and anyone else interested in the integrity of the accounting and governance process.”
Joseph A. Grundfest, professor of law and business and codirector, Rock Center on Corporate Governance, Stanford Law School

About the Book:

With major financial scandals popping up in greater numbers—and with more inevitably on the way—it has never been more important for you to understand what dishonest companies do to trick investors. Since the early 1990s, Financial Shenanigans has been helping investors unearth deceptive financial reporting at the most critical time— before they suffer major losses.

Now, the third edition broadens its focus to include the newest, most sophisticated techniques companies use to mislead investors.

Referred to as the “Sherlock Holmes of Accounting” by BusinessWeek, Howard Schilit and renowned forensic accounting expert Jeremy Perler take you deeper into the corporate bag of tricks, exposing new levels of accounting gimmickry and arming you with the investigative tools you need to detect:

  • Earnings Manipulation Shenanigans: Learn the latest tricks companies use to exaggerate revenue and earnings.
  • Cash Flow Shenanigans: Discover new techniques devised by management that allow it to manipulate cash flow as easily as earnings.
  • Key Metrics Shenanigans: See how companies use misleading “key”metrics to fool investors about their financial performance.

Financial Shenanigans brings you completely up to date on accounting chicanery in the global markets, shining a light on the most shocking frauds and financial reporting miscreants. This insightful, detailed guide written by recognized experts on the subject provides the knowledge and tools you need to spot even the most subtle signs of financial shenanigans.

"synopsis" may belong to another edition of this title.

About the Author:

Howard Schilit, Ph.D., CPA, is the founder and chief executive officer of Schilit Forensics LLC. Dr. Schilit is a pioneer in the field of detecting accounting tricks in corporate financial reports that mislead investors. Howard was the founder and CEO of CFRA, a global forensic accounting research organization. He has been a leading spokesman before the US Congress, the SEC, and global media outlets about the causes and early warning signs of accounting tricks in public filings. Dr. Schilit began his career as an Associate Professor of Accounting at American University and continues to teach and lecture all over the world. Dr. Schilit holds his doctorate in Accounting from the University of Maryland.
Jeremy Perler, CFA, CPA, is the Director of Research at Schilit Forensics and co-author of Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports (3rd edition, 2010). Previously, Jeremy served as the in-house Forensic Accounting Analyst for CoatueManagement, a long/short equity hedge fund; Director of Research for CFRA; and auditor for PricewaterhouseCoopers. In addition, Mr. Perler serves on the FASB's Financial Accounting Standards Advisory Council (FASAC) as a representative of the Investor Community. Jeremy holds a Master of Accounting and a BBA from the University of Michigan Ross School of Business.

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

SCHILIT
Published by Mcgraw Hill Publishers
ISBN 10: 0071703071 ISBN 13: 9780071703079
New Quantity Available: > 20
Seller
INDOO
(Avenel, NJ, U.S.A.)
Rating
[?]

Book Description Mcgraw Hill Publishers. Book Condition: New. Brand New. Bookseller Inventory # 0071703071

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 21.14
Convert Currency

Add to Basket

Shipping: US$ 3.50
Within U.S.A.
Destination, Rates & Speeds

2.

Schilit, Howard
ISBN 10: 0071703071 ISBN 13: 9780071703079
New Hardcover Quantity Available: 4
Seller
BargainBookStores
(Grand Rapids, MI, U.S.A.)
Rating
[?]

Book Description Hardcover. Book Condition: New. Bookseller Inventory # 814083

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 21.97
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

3.

Schilit, Howard
ISBN 10: 0071703071 ISBN 13: 9780071703079
New Quantity Available: > 20
Seller
Paperbackshop-US
(Wood Dale, IL, U.S.A.)
Rating
[?]

Book Description 2010. HRD. Book Condition: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Bookseller Inventory # VJ-9780071703079

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 21.99
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

4.

Schilit, Howard
ISBN 10: 0071703071 ISBN 13: 9780071703079
New Quantity Available: 8
Seller
PBShop
(Wood Dale, IL, U.S.A.)
Rating
[?]

Book Description 2010. HRD. Book Condition: New. New Book.Shipped from US within 10 to 14 business days. Established seller since 2000. Bookseller Inventory # IB-9780071703079

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 23.48
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

5.

Howard Mark Schilit, Jeremy Perler
Published by McGraw-Hill Education - Europe, United States (2010)
ISBN 10: 0071703071 ISBN 13: 9780071703079
New Hardcover Quantity Available: 10
Seller
The Book Depository US
(London, United Kingdom)
Rating
[?]

Book Description McGraw-Hill Education - Europe, United States, 2010. Hardback. Book Condition: New. 3rd Revised edition. 231 x 150 mm. Language: English . Brand New Book. With major financial scandals popping up in greater numbers and with more inevitably on the way it has never been more important for you to understand what dishonest companies do to trick investors. Since the early 1990s, Financial Shenanigans has been helping investors unearth deceptive financial reporting at the most critical time before they suffer major losses. Now, the third edition broadens its focus to include the newest, most sophisticated techniques companies use to mislead investors.Dubbed the Sherlock Holmes of Accounting by BusinessWeek, Howard Schilit and renowned forensic accounting expert Jeremy Perler take you deeper into the corporate bag of tricks, exposing new levels of accounting gimmickry and arming you with the investigative tools you need to detect: Earnings Manipulation Shenanigans: Learn the latest tricks companies use to exaggerate revenue and earnings Cash Flow Shenanigans: Discover new techniques devised by management that allow it to manipulate cash flow as easily as earnings Key Metrics Shenanigans: See how companies use misleading key metrics to fool investors about their financial performance Financial Shenanigans brings you completely up to date on accounting chicanery in the global markets, shining a light on the most shocking frauds and financial reporting miscreants. This insightful, detailed guide written by recognized experts on the subject provides the knowledge and tools you need to spot even the most subtle signs of financial shenanigans. Praise for Financial Shenanigans: Howard Schilit is the authority on forensic accounting.Financial Shenanigans is invaluable reading for market participants seeking to identify deceptive behavior in company financial statements. Julian Robertson, legendary investor and founder, Tiger Management A must-read! The authors teach forensic financial statement analysis in an easy-to-digest format with lots of war stories. Guaranteed to help investors in their quest to avoid ticking time bombs in their portfolios . Marc A. Siegel, board member, Financial Accounting Standards Board This is a timeless guide to better understand how financial malfeasance can be spotted early. Financial Shenanigans teaches all of us fraud-detection-made-easy . Jules Kroll, pioneering private investigator and founder of Kroll Associates and K2 Global Required reading for every investor who desires to avoid financial losses. This new edition is a classic and better than ever . Thornton L. O Glove, author, Quality of Earnings An incisive and entertaining review of the recipes used by corporations and executives to cook the books. It s a must-read for investors, lawyers, corporate directors, and anyone else interested in the integrity of the accounting and governance process . Joseph A.Grundfest, professor of law and business and co-director, Rock Center on Corporate Governance, Stanford Law School. Bookseller Inventory # AAS9780071703079

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 28.40
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

6.

Howard Mark Schilit, Jeremy Perler
Published by McGraw-Hill Education - Europe, United States (2010)
ISBN 10: 0071703071 ISBN 13: 9780071703079
New Hardcover Quantity Available: 10
Seller
The Book Depository
(London, United Kingdom)
Rating
[?]

Book Description McGraw-Hill Education - Europe, United States, 2010. Hardback. Book Condition: New. 3rd Revised edition. 231 x 150 mm. Language: English . Brand New Book. With major financial scandals popping up in greater numbers and with more inevitably on the way it has never been more important for you to understand what dishonest companies do to trick investors. Since the early 1990s, Financial Shenanigans has been helping investors unearth deceptive financial reporting at the most critical time before they suffer major losses. Now, the third edition broadens its focus to include the newest, most sophisticated techniques companies use to mislead investors.Dubbed the Sherlock Holmes of Accounting by BusinessWeek, Howard Schilit and renowned forensic accounting expert Jeremy Perler take you deeper into the corporate bag of tricks, exposing new levels of accounting gimmickry and arming you with the investigative tools you need to detect: Earnings Manipulation Shenanigans: Learn the latest tricks companies use to exaggerate revenue and earnings Cash Flow Shenanigans: Discover new techniques devised by management that allow it to manipulate cash flow as easily as earnings Key Metrics Shenanigans: See how companies use misleading key metrics to fool investors about their financial performance Financial Shenanigans brings you completely up to date on accounting chicanery in the global markets, shining a light on the most shocking frauds and financial reporting miscreants. This insightful, detailed guide written by recognized experts on the subject provides the knowledge and tools you need to spot even the most subtle signs of financial shenanigans. Praise for Financial Shenanigans: Howard Schilit is the authority on forensic accounting.Financial Shenanigans is invaluable reading for market participants seeking to identify deceptive behavior in company financial statements. Julian Robertson, legendary investor and founder, Tiger Management A must-read! The authors teach forensic financial statement analysis in an easy-to-digest format with lots of war stories. Guaranteed to help investors in their quest to avoid ticking time bombs in their portfolios . Marc A. Siegel, board member, Financial Accounting Standards Board This is a timeless guide to better understand how financial malfeasance can be spotted early. Financial Shenanigans teaches all of us fraud-detection-made-easy . Jules Kroll, pioneering private investigator and founder of Kroll Associates and K2 Global Required reading for every investor who desires to avoid financial losses. This new edition is a classic and better than ever . Thornton L. O Glove, author, Quality of Earnings An incisive and entertaining review of the recipes used by corporations and executives to cook the books. It s a must-read for investors, lawyers, corporate directors, and anyone else interested in the integrity of the accounting and governance process . Joseph A.Grundfest, professor of law and business and co-director, Rock Center on Corporate Governance, Stanford Law School. Bookseller Inventory # AAS9780071703079

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 29.23
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

7.

Howard Schilit
Published by McGraw-Hill Education (2010)
ISBN 10: 0071703071 ISBN 13: 9780071703079
New Hardcover Quantity Available: 8
Seller
Murray Media
(North Miami Beach, FL, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Education, 2010. Hardcover. Book Condition: New. Bookseller Inventory # 0071703071

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 27.10
Convert Currency

Add to Basket

Shipping: US$ 2.99
Within U.S.A.
Destination, Rates & Speeds

8.

Howard Schilit; Jeremy Perler
ISBN 10: 0071703071 ISBN 13: 9780071703079
New Quantity Available: 6
Seller
BWB
(Valley Stream, NY, U.S.A.)
Rating
[?]

Book Description Book Condition: New. Depending on your location, this item may ship from the US or UK. Bookseller Inventory # 97800717030790000000

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 31.24
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

9.

Schilit, Howard; Perler, Jeremy
Published by McGraw-Hill Education
ISBN 10: 0071703071 ISBN 13: 9780071703079
New Hardcover Quantity Available: 1
Seller
Booklot COM LLC
(Philadelphia, PA, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Education. Hardcover. Book Condition: New. 0071703071. Bookseller Inventory # Z0071703071ZN

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 32.34
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

10.

Howard Schilit; Jeremy Perler
Published by McGraw-Hill Education (2010)
ISBN 10: 0071703071 ISBN 13: 9780071703079
New Hardcover Quantity Available: 1
Seller
Irish Booksellers
(Rumford, ME, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Education, 2010. Hardcover. Book Condition: New. book. Bookseller Inventory # 0071703071

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 32.47
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

There are more copies of this book

View all search results for this book