Description
Book SynopsisThis brief and timely text describes the current environment and provides practical details on specific earnings management potential. It shows students how aggressive earnings management can be detected, based on publicly available information. Throughout the text, the authors use multiple perspectives to enhance understanding of the material. Short cases in every chapter provide a feel for evaluating public data and analyzing earnings management potential.
Table of ContentsPreface.
About the Author.
Acknowledgments.
1. What is Earnings Management?
2. Companies in Trouble—A Historical Perspective.
3. What's in a Financial Report and What to Do with It?
4. The Balance Sheet.
5. The Income Statement, Part I—Level 1 Analysis.
6. The Income Statement, Part II—Expenses, Nonoperating Items.
7. Cash Flows and Alternative Definitions of the Bottom Line.
8. Evaluating Trends, Norms and Quarterly Data.
9. Business Combinations ad Related Issues.
10. Corporate Governance, Compensation, and Other Employee Issues.
11. Risk Management, Derivatives, and Special-Purpose Entities.
Appendix.
Glossary.
References.
Index.
