Recommendation: Financial Shenanigans is a must-read for anyone looking to gain insight into the current climate of accounting fraud and learn how to identify early warning signs of a company's potential problems. The book is thorough, well-researched, and includes contemporary examples of shenanigans that have fooled even experienced researchers. Readers can use the tools presented to research financial reports and avoid potentially misleading business valuations. Highly recommended for investors, managers, auditors, and anyone interested in understanding financial fraud.

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Techniques to uncover and avoid accounting frauds and scams Inflated profits . . . Suspicious write-offs . . . Shifted expenses . . . These and other dubious financial maneuvers have taken on a contemporary twist as companies pull out the stops in seeking to satisfy Wall Street. Financial Shenanigans pulls back the curtain on the current climate of accounting fraud. It presents tools that anyone who is potentially affected by misleading business valuations­­from investors and lenders to managers and auditors­­can use to research and read financial reports, and to identify early warning signs of a company's problems. A bestseller in its first edition, Financial Shenanigans has been thoroughly updated for today's marketplace. New chapters, data, and research reveal contemporary "shenanigans" that have been known to fool even veteran researchers.

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