A concise, readable and irreverent introduction to financial accounting. The book uses easy to understand examples that gives the reader the "why" behind accounting principles...not just the "how". The reader is alerted to the limitations of accounting as well as its strengths. The book describes some of the most common forms of accounting frauds.
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"This is a wonderful little book; it is light and very instructive. I especially like the first and last chapter, and the sections within the chapters on how the books are cooked." Patricia Arnold, Associate Professor of Accounting University of Wisconsin
Michael Sack Elmaleh is a Certified Public Accountant and Certiifed Valuation Analyst with nearly thirty years of accounting experience. He has ten years of teaching experience at the undergraduate and graduate level. In addition to teaching accounting and finance courses, he has also taught economics, statistics and mathematics. He holds a B.A. in Psychology and Philosophy, an M.S. in Accounting and an M.A. in Philosophy. Elmaleh has published articles on taxation issues and valuation theory in various professional journals.
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