Financial Shenanigans, Fourth Edition: How to Detect Accounting Gimmicks and Fraud in Financial Reports

Yoni Engelhart, Jeremy Perler, Howard Schilit

ISBN 10: 126011726X / ISBN 13: 9781260117264

Published by McGraw-Hill Education, US, 2018

About this Item

The bestselling classic from the "Sherlock Holmes of Accounting"-updated to reflect the key case studies and most important lessons from the past quarter century.This fourth edition of the classic guide shines a light on the most shocking frauds and financial reporting offenders of the last twenty-five years, and gives investors the tools they need to detect:.Corporate cultures that incentivize dishonest practices.The latest tricks companies use to exaggerate revenue and earnings.Techniques devised by management to manipulate cash flow as easily as earnings.Companies that use misleading metrics to fool investors about their financial performance.How companies use acquisitions to hide deterioration in their underlying businessThis new edition focuses on the key case studies and most important lessons from the past quarter century, and brings you up to date on accounting chicanery in the global markets. Howard Schilit and his team of renowned forensic accounting experts expose financial reporting miscreants and unveil the latest methods companies use to mislead investors. You'll learn everything you need to know to unearth deceptive reporting and avoid costly mistakes.

Seller Inventory # LU-9781260117264

Bibliographic Details

• Title: Financial Shenanigans, Fourth Edition: How to Detect Accounting Gimmicks and Fraud in Financial Reports
• Publisher: McGraw-Hill Education, US
• Publication Date: 2018
• Language: English
• ISBN 10: 126011726X
• ISBN 13: 9781260117264
• Binding: Hardback
• Edition: 4th Edition
• Condition: New
• Weight: 569 grams

About this title

Synopsis

The bestselling classic from the “Sherlock Holmes of Accounting”―updated to reflect the key case studies and most important lessons from the past quarter century.

This fourth edition o

About the Authors

Dr. Howard M. Schilit, PhD., CPA is the founder and CEO of Schilit Forensics, an investment research consultancy.  He is a pioneer in the field of detecting accounting chicanery and has testified before Congress and the SEC.  Pr

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 Coatue Management, 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.