Detecting Earnings Management
1. Auflage Dezember 2003
336 Seiten, Softcover
Wiley & Sons Ltd
As recent corporate scandals prove, corrupt companies can maintain a façade of financial success through manipulation and fraud almost to the day they file for bankruptcy. Fortunately, tools exists to detect aggressive earnings management. This timely book reviews the current environment, explains the tools that can be used to detect a manipulative financial environment, and introduces techniques for recasting financial information to get a truer economic picture. Brief cases reflecting a variety of companies provide a feel for evaluating public data and how earning management potential can be analyzed. In addition, an appendix features a complete earnings management detection checklist that can be used to conduct a thorough analysis of any corporation.
* What is Earnings Management?
* Companies in Trouble-A Historical Perspective
* What's in a Financial Report and What to Do with It?
Section 2: The Financial Statement
* The Balance Sheet
* The Income Statement, Part I
* The Income Statement, Part II
* Cash Flows and Alternative Definitions of the Bottom Line
* Evaluating Trends, Norms and Quarterly Data
Section 3: Special Topics
* Business Combinations and Related Issues
* Corporate Governance, Compensation and Other Employee
Issues
* Risk Management, Derivatives, and Special Purpose Entities
Appendix: An Earnings Management Checklist and Comprehensive
Cases
References
Glossary
Common Financial Ratio
A&M University. He received his Ph.D. from Texas Tech
University and has been at Texas A&M for about twenty-five
years. He teaches financial analysis and other financial and
governmental courses in the undergraduate program. He also teaches
research methods in the Ph.D. program.
Dr. Giroux has published over fifty articles, including
publications in Accounting Review, Journal of Accounting
Research, Accounting, Organizations and Society, Journal of
Accounting and Public Policy, and numerous other journals. He
is the author of three earlier books, including Dollars &
Scholars, Scribes & Bribes: The Story of Accounting and
Financial Analysis: A User Approach. His primary research
areas are governmental and financial accounting. He also is
interested in accounting and business history.
He has a number of outside interests, including collecting revenue
documents and stamps, reading, golf, and scuba diving. He and his
wife Naomi travel regularly, in part based on international
research projects and presentations.
