Financial Shenanigans: How to Detect Accounting Gimmicks& Fraud in Financial Reports 财务把戏

Withmajorfinancialscandalspoppingupingreaternumbers—andwithmoreinevitablyontheway—ithasneverbeenmoreimportantforyoutounderstandwhatdishonestcompaniesdototrickinvestors.Sincetheearly1990s,FinancialShenaniganshasbeenhelpinginvestorsunearthdeceptivefinancialreportingatthemostcriticaltime—beforetheysuffermajorlosses.Now,thethirdeditionbroadensitsfocustoincludethenewest,mostsophisticatedtechniquescompaniesusetomisleadinvestors.Referredtoasthe"SherlockHolmesofAccounting"byBusinessWeek,HowardSchilitandrenownedforensicaccountingexpertJeremyPerlertakeyoudeeperintothecorporatebagoftricks,exposingnewlevelsofaccountinggimmickryandarmingyouwiththeinvestigativetoolsyouneedtodetect:EarningsManipulationShenanigans:Learnthelatesttrickscompaniesusetoexaggeraterevenueandearnings.CashFlowShenanigans:Discovernewtechniquesdevisedbymanagementthatallowittomanipulatecashflowaseasilyasearnings.KeyMetricsShenanigans:Seehowcompaniesusemisleading"key"metricstofoolinvestorsabouttheirfinancialperformance.FinancialShenanigansbringsyoucompletelyuptodateonaccountingchicaneryintheglobalmarkets,shiningalightonthemostshockingfraudsandfinancialreportingmiscreants.Thisinsightful,detailedguidewrittenbyrecognizedexpertsonthesubjectprovidestheknowledgeandtoolsyouneedtospoteventhemostsubtlesignsoffinancialshenanigans.《财务诡计》（第3版）的重要价值就在于作者构建了全面完整的财务欺诈骗术的理论分析框架。首先本书从财务报告角度，将资本市场中各类财务欺诈骗术划分为收益类财务欺诈、现金流类财务欺诈和业绩指标类财务欺诈等三大类型，并从资产负债表、利润表与现金流量表之间的勾稽制衡视角，建立了发现和揭露财务欺诈骗术的整体思路与方法。此外，作者从公司治理角度对滋生三大类型财务欺诈的制度环境和市场土壤进行了独到分析，提出了彻底消除财务欺诈骗术的治本之策。《财务诡计揭秘财务史上13大骗术44种手段（原书第3版）》同时结合近十年来美国资本市场发生的安然、世界通信等著名公司的典型财务欺诈案例，详细分析了三大类型财务欺诈骗术的具体手段和警示信号。作者对现金流类财务欺诈骗术的独到分析，打破了人们普遍认为的“现金流量表难以舞弊”的常识判断，令人不能不佩服作者对财务欺诈案例的独到观察和深刻研究。