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 business
This 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.
