The Financial Numbers Game
Detecting Creative Accounting Practices
Summary:
The book provides an in-depth analysis of how companies manipulate their financial statements to present a more favorable picture of their financial health, often misleading investors and stakeholders. It offers tools and techniques for detecting such deceptive practices by examining the nuances of balance sheets, income statements, and cash flow reports.
Key points:
1. Earnings Management: The book explains how companies manipulate financial reports to look better than they are. This can be legal but misleading, as it hides the real financial situation.
Books similar to "The Financial Numbers Game":
Financial Shenanigans
Howard M. Schilit|Jeremy Perler|Yoni Engelhart
Accounting Made Simple
Mike Piper
Accounting for Non-Accountants
Wayne Label
Financial Intelligence
Karen Berman|Joe Knight
What Every Investor Needs to Know About Accounting Fraud (CLS.EDUCATION)
Jeff Madura
Warren Buffett Accounting Book
Stig Brodersen|Preston Pysh
Profit First for Contractors
Shawn Van Dyke
How to Read a Financial Report
John A. Tracy|Tage C. Tracy
Profit First
Mike Michalowicz
Bookkeeping All-in-One For Dummies
Lita Epstein|John A. Tracy