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The Financial Numbers Game: Detecting Creative Accounting Practices
 
 
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The Financial Numbers Game: Detecting Creative Accounting Practices (Hardcover)

by Charles W. Mulford (Author), Eugene E. Comiskey (Author) "With an all-too-frequent occurrence, users of financial statements are shaken with disclosures by corporate managements that certain "accounting irregularities" have been discovered and, as a..." (more)
Key Phrases: fictitious revenue recognition, financial numbers game, company name designates, The Wall Street Journal, New York, Financial Accounting Standards Board (more...)
4.1 out of 5 stars  (22 customer reviews)

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Buy this book with Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports, Second Edition by Howard M. Schilit today!

The Financial Numbers Game: Detecting Creative Accounting Practices Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports, Second Edition
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Editorial Reviews
Review
"The author's purpose is "to equip the financial statement reader to better detect the use of creative accounting practices and avoid the equity-investment and credit-granting mistakes." A book for it's time" (Strategic Finance, March 2002)

"With the collapse of Enron Corp., the January debut of the "Financial Numbers Game" could not have arrived at a more perfect time. The book focuses on educating investors on how to spot "creative accounting Practices." Co-Author Charles W. Mulford outlines a few basic guidelines for detecting-and preventing-creative accounting." (SmartPros/Accounting News and Insights, March 2002)

Product Description
Praise for The Financial Numbers Game

"So much for the notion 'those who can, do-those who can't, teach.' Mulford and Comiskey function successfully both as college professors and real-world financial mercenaries. These guys know their balance sheets. The Financial Numbers Game should serve as a survival manual for both serious individual investors and industry pros who study and act upon the interpretation of financial statements. This unique blend of battle-earned scholarship and quality writing is a must-read/must-have reference for serious financial statement analysis."
-Bob Acker, Editor/Publisher, The Acker Letter

"Wall Street's unforgiving attention to quarterly earnings presents ever-increasing pressure on CFOs to manage earnings and expectations. The Financial Numbers Game provides a clear explanation of the ways in which management can stretch, bend, and break accounting rules to reach the desired bottom line. This arms the serious investor or financial analyst with the healthy skepticism required to drive beyond reported results to a clear understanding of a firm's true performance."
-Mark Hurley, Managing Director, Training and Development Global Corporate and Investment Banking, Bank of America

"After reading The Financial Numbers Game, I feel as though I've taken a master's course in financial statement analysis. Mulford and Comiskey's latest book should be required reading for anyone who is serious about fundamentally analyzing stocks."
-Harry Domash, Investing Columnist, San Francisco Chronicle and Publisher, Winning Investing

The Financial Numbers Game identifies the steps businesses may take to misstate financial performance and helps its readers to identify those situations where reported results may not be what they seem.

See all Editorial Reviews

Product Details
  • Hardcover: 407 pages
  • Publisher: Wiley (January 18, 2002)
  • Language: English
  • ISBN-10: 0471370088
  • ISBN-13: 978-0471370086
  • Product Dimensions: 10.1 x 7.3 x 1.4 inches
  • Shipping Weight: 2.3 pounds (View shipping rates and policies)
  • Average Customer Review: