Hidden Financial Risk: Understanding Off Balance Sheet Accounting
J. Edward Ketz, J. Edward KetzISBN: 0471433764; 9780471433767;
What went wrong and how to fix it "This is a book that well represents the skeptical, probing, and doubting spirit of the time. Professor Ketz explores the ways corporate management and auditors can ?spin? financial reporting to misinforminvestors. It is written so that the individual investor can grasp the ideas but will be useful for investment analysts and audit committee members who need a lively briefing in how to spot questionable accounting." ?? John H. Biggs Former chairman and Chief Executive Officer TIAA - CREF "Ed Ketz brilliantly illustrates how the improper application of accounting rules misleads users of financial statements. This book is an indispensable resource and greatly enhances one?s understanding of the many obscure footnotes found in today?s financial statements." ?? Albert Meyer 2nd Opinion Research, Plano, TX It is now painfully clear that "earnings management" has...