2 of 2 people found the following review helpful:
5.0 out of 5 stars
Educates investors to be better analysts, August 14, 2009
This review is from: Earnings Magic and the Unbalance Sheet: The Search for Financial Reality (Hardcover)
I try to read various books on the subject of manipulating or managing earnings to enhance my analytical abilities. Because the GAAP rules give executives certain freedoms, it is valuable to know the true story behind these numbers. I like how this book educates readers on where to look to find clues for earnings management. For me, the chapter on pensions and other postemployment benefits was beneficial. During the current economic crisis, many companies struggle with their defined benefit plans, and this chapter educates readers better how to read through financial notes to gain better understanding of the pension status.
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
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2.0 out of 5 stars
Disappointing, November 9, 2006
This review is from: Earnings Magic and the Unbalance Sheet: The Search for Financial Reality (Hardcover)
The book provided nothing new. This was entry level stuff written for non-accountants.
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