Financial Shenanigans, Fourth Edition: How to Detect Accounting Gimmicks and Fraud in Financial Reports

by Schilit, Howard M.; Perler, Jeremy; Engelhart, Yoni

• ISBN13: 9781260117264
• ISBN10: 126011726X
• eBook ISBN(s): 9781260117271
• Additional ISBN(s): 9780071703079
• Edition: 4th
• Format: Hardcover
• Copyright: 2018-03-28
• Publisher: McGraw Hill
• More Book Details
• Purchase Benefits

Table of Contents

Preface: Reflections on my Last Twenty-Five Years

Part One: Establishing the Foundation

Chapter 1: Twenty-Five Years of Shenanigans

Chapter 2: Just Touch Up the X-Rays

Part Two: Earnings Manipulation Shenanigans

Chapter 3: Recording Revenue Too Soon

Chapter 4: Recording Bogus Revenue

Chapter 5: Boosting Income with One-Time or Unsustainable Activities

Chapter 6: Shifting Current Expenses to a Later Period

Chapter 7: Employing Other Techniques to Hide Expenses or Losses

Chapter 8: Shifting Current Income to a Later Period

Chapter 9: Shifting Future Expenses to the Current Period

Part Three: Cash Flow Shenanigans

Chapter 10: Shifting Financing Cash Inflows to the Operating Section

Chapter 11: Moving Cash Outflows from Operating Section to Other Sections

Chapter 12: Boosting Operating Cash Flow Using Unsustainable Activities

Part Four: Key Metrics Shenanigans

Chapter 13: Showcasing Misleading Metrics that Overstate Performance

Chapter 14: Distorting Balance Sheet Metrics to Avoid Showing Deterioration

Part Five: Acquisition Accounting Shenanigans

Chapter 15: Acquisition-Driven Earnings Manipulation Shenanigans

Chapter 16: Acquisition-Driven Cash Flow Shenanigans

Chapter 17: Acquisition-Driven Key Metrics Shenanigans

Part Six: Putting it all Together

Chapter 18: The Unraveling

Chapter 19: The Most Important Thing: Shenanigan Detection Lessons of this Era