Terry Smith Accounting for Growth

ISBN 13: 9780712652803

Accounting for Growth

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9780712652803: Accounting for Growth
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Based on the award-winning "City Report" by UBS Phillips and Drew, this is an alarming book which shows up the methods developed by accountants during the 1980s in order to be able to report continuous growth in earnings per share - profit. But accounts drawn up in this way give an entirely false picture of a company's health, and in fact, many of the firms which employed these methods subsequently went bust. The author of this book argues that it is time for attention to refocus on balance sheet movement, divided potential and above all, cash, if readers and investors are to have an accurate picture of how companies are really performing.

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Other Popular Editions of the Same Title

9780712675949: Accounting for Growth

Featured Edition

ISBN 10:  0712675949 ISBN 13:  9780712675949
Publisher: Random House UK, Limited, 1996

9780712657648: Accounting For Growth: Stripping the Camouflage From Company Accounts

Random..., 1992