Howard Schilit, Ph.D., CPA, is the founder and chief executive officer of the Financial Shenanigans Detection (FSD) Group, LLC, which alerts its clients to accounting chicanery. Previously he founded the Center for Financial Research and Analysis (CFRA). Smart Money magazine twice selected him as one of the "Power 30" of investing.
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.
《财务诡计》将财务报告中所涉及的欺诈手法分为三大类。 · 收入操纵手法,介绍了公司如何通过操纵利润表来虚增收入和利润,或报告不平稳收益。 · 现金流造假手法,讨论了公司如何通过欺诈手法来编造虚高的现金流,包括经营现金流和自由现金流。 · 主要业绩指标造假手法,揭...
評分之前买过钟文庆《财务是个真实的谎言》,读了不错,这次看见钟推荐《财务诡计》就买了。 这本书以全球知名,也可叫臭名昭著的公司财务欺诈事件为素材,系统分析了财务造假的三大类型,这三大类型又可细分为13个细分项,44种手段,既有理论上的逻辑,又有实际事件的佐证...
評分财务骗术:指有意识地扭曲公司报告的财务表现和财务条件的行动。从小打小闹(变更会计估算)到无法无天(欺骗性地确认虚构收入),无奇不有。 七大财务骗术: 骗术之一:过早地记录收入或记录有问题的收入 1)在未来服务尚未提供时,收入已经记入帐册 2)...
評分· 收入操纵手法,介绍了公司如何通过操纵利润表 安然公司所涉及的财务欺诈手法 收入操纵类财务欺诈手法 · 过早记录为收入; · 虚构收入并加以记录; · 借助一次性或不可持续的业务来夸大所得; · 运用其他方法来掩盖成本或亏损。 ???? 对于靠收购来取得增长的公司,其背后...
評分内容还是很实用的,对财务骗局结合案例进行分析。不过翻译实在太次了,明显是找了人随便翻译的,一方面翻译者根本没有财务知识,对于财务术语瞎翻译,另一方面翻译者根本就是把英文生硬的翻译成中文,完全不流畅,读起来很累。很好的书,被那么次的翻译糟蹋了。
earnings management(manipulation)真是一門藝術,這書用的例子很生動也是比較經典的瞭,譬如安然把service contract計成commodity futures contract從而適用mark-to-market的“創舉”。講瞭很多識彆騙子的經典方法,例如波瀾不驚的revenue下麵說不定可以從BS的days in account receivables劇變看齣端倪。很好的書,六顆星星。
评分有幾個小技巧或者要點挺有用
评分earnings management(manipulation)真是一門藝術,這書用的例子很生動也是比較經典的瞭,譬如安然把service contract計成commodity futures contract從而適用mark-to-market的“創舉”。講瞭很多識彆騙子的經典方法,例如波瀾不驚的revenue下麵說不定可以從BS的days in account receivables劇變看齣端倪。很好的書,六顆星星。
评分earnings management(manipulation)真是一門藝術,這書用的例子很生動也是比較經典的瞭,譬如安然把service contract計成commodity futures contract從而適用mark-to-market的“創舉”。講瞭很多識彆騙子的經典方法,例如波瀾不驚的revenue下麵說不定可以從BS的days in account receivables劇變看齣端倪。很好的書,六顆星星。
评分中文版是《財務詭計》http://book.douban.com/subject/10582247/。 不過,還是讀英文版吧,除瞭財務欺詐方法之外,幾乎所有含“作假”意思的英文單詞都在這兒瞭,這是啥收獲。。。
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