Hidden Financial Risk

J. Edward Ketz

ISBN 10: 0471433764 / ISBN 13: 9780471433767

Published by John Wiley and Sons Ltd, 2003

About this Item

Enron's fall has opened the eyes of the public to corporate accounting fraud as no other event has done, and there is now a need for better understanding of what can be done to prevent it. This book examines methods for off-balance sheet accounting, with a particular emphasis on special purpose entities (SPE). Num Pages: 298 pages, Illustrations. BIC Classification: JKV; KFC. Category: (U) Tertiary Education (US: College). Dimension: 265 x 187 x 23. Weight in Grams: 764. . 2003. 1st Edition. Hardcover. . . . . Books ship from the US and Ireland.

Seller Inventory # V9780471433767

Bibliographic Details

• Title: Hidden Financial Risk
• Publisher: John Wiley and Sons Ltd
• Publication Date: 2003
• Language: English
• ISBN 10: 0471433764
• ISBN 13: 9780471433767
• Binding: Hardcover
• Condition: New

About this title

Synopsis

An insider's guide to understanding and eliminating accounting fraud
How do these high-profile accounting scandals occur and what could have been done to prevent them. Hidden Financial Risk fills that void by examining methods for off balance sheet accounting, with a particular emphasis on special purpose entities (SPE), the accounting ruse of choice at Enron and other beleaguered companies. J. Edward Ketz identifies the incentives for managers to deceive investors and creditors about financial risk and also shows investors how to protect their investments in a world filled with accounting and auditing frauds.
J. Edward Ketz, PhD (State College, PA) is MBA Faculty Director and Associate Professor of Accounting at Penn State's Smeal College of Business. He has been cited in the press nearly 300 times since Enron's bankruptcy, including The New York Times, The Wall Street Journal, and The Washington Post.. He has a regular column in Accounting Today.

About the Author

J. EDWARD KETZ, PhD, is MBA Faculty Director and Associate Professor of accounting at Penn State's Smeal College of Business. He has been cited in the press over 500 times since Enron's bankruptcy, and is well known as an accounting expert as attested in writings, vast citations in the press and on television, including the New York Times, the Wall Street Journal, and the Washington Post. His column "Accounting Annotations" is published in Accounting Today and his column "Accounting Cycle: Wash, Rinse, and Spin" appears regularly at SmartPros.com. He is also the author of Bridge Accounting: Procedures, Systems, and Controls (Wiley).