Cantitate/Preț
Produs
Total produse
Vezi coșul
Reading Between the Lines of Corporate Financial Reports: In Search of Financial Misstatements de Jacek Welc

Reading Between the Lines of Corporate Financial Reports: In Search of Financial Misstatements

Autor Jacek Welc
en Limba Engleză Paperback – 30 noi 2021
This book provides a digestible step-by-step guide to reading corporate financial reports, drawing upon real-life case studies and examples of corporate collapses and accounting scandals, and applying practical tools to financial statement analysis. Appealing to a range of practitioners within corporate finance including investors, managers, and business analysts, this book is the first to specifically address the challenges facing those who are not professional accountants and auditors when examining corporate financial reports.

Corporate financial reports are used widely by managers, investors, creditors, and government agencies to examine company performance and evaluate potential risks. However, although seemingly an invaluable source of information for managerial decision-making, financial reports are often based on rough simplifications of a very complex reality. With no way of avoiding deliberate manipulations and fraudulent activity, these statements cannot be relied on completely when selecting stocks or evaluating credit risk, and therefore poor analysis can lead to potentially disastrous investment decisions.

The author suggests that in order to effectively interpret corporate financial reports, we must 'read between the lines' to accurately assess a company's economic performance and predict its long-term viability.


Citește tot Restrânge

Toate formatele și edițiile

Toate formatele și edițiile Preț Express
Paperback (1) 51646 lei  6-8 săpt.
  Springer International Publishing – 30 noi 2021 51646 lei  6-8 săpt.
Hardback (1) 68508 lei  3-5 săpt.
  Springer International Publishing – 29 noi 2020 68508 lei  3-5 săpt.

Preț: 51646 lei

Preț vechi: 58029 lei
-11% Nou

Puncte Express: 775
Preț estimativ în valută:
9885€ • 10303$ • 8229£

Carte tipărită la comandă

Livrare economică 06-20 ianuarie 25

 Adaugă în coș

Wish list
Gift list
Am citit!
Adaugă în listă
Preluare comenzi: 021 569.72.76

Specificații

ISBN-13: 9783030610432
ISBN-10: 3030610438
Pagini: 431
Ilustrații: XL, 431 p. 279 illus., 3 illus. in color.
Dimensiuni: 155 x 235 mm
Greutate: 0.65 kg
Ediția:1st ed. 2020
Editura: Springer International Publishing
Colecția Palgrave Macmillan
Locul publicării:Cham, Switzerland

Cuprins

Chapter 1. Most common distortions in a financial statement analysis caused by objective weaknesses of accounting and analytical methods.- Chapter 2. Other “noise” in a financial statement analysis caused by objective weaknesses of accounting and analytical methods.- Chapter 3. Deliberate accounting manipulations: introduction and revenue-oriented accounting gimmicks.- Chapter 4. Deliberate accounting manipulations: expense-oriented accounting gimmicks and intentional profit understatements.- Chapter 5. Evaluation of financial statement reliability and comparability based on Auditor’s opinion, narrative disclosures and cash flow data.- Chapter 6. Problems of comparability and reliability of reported cash flows.- Chapter 7. Evaluation of financial statement reliability and comparability based on quantitative tools other than cash flows: primary warning signals.- Chapter 8. Evaluation of financial statement reliability and comparability based on quantitative toolsother than cash flows: additional warning signals.- Chapter 9. Techniques of increasing comparability and reliability of reported accounting numbers: selected simple tools.- Chapter 10. Techniques of increasing comparability and reliability of reported accounting numbers: some more advanced tools

Notă biografică

Jacek Welc is an Assistant Professor at Wroclaw University of Economics, Poland, and a Lecturer in Corporate Finance at SRH Berlin University of Applied Sciences, Germany. From 2003 to 2007, he was an independent consultant in the areas of corporate valuation, management accounting, and financial accounting. Having also been Head of the Corporate Finance Department at Dexus Partners, Jacek now co-owns a consultancy specialising in corporate financial services called WNP Ekspert. He has written and published a number of articles, as well as a book entitled Applied Regression Analysis for Business: Tools, Traps and Applications (Springer, 2017).

Textul de pe ultima copertă

This book provides a digestible step-by-step guide to reading corporate financial reports, drawing upon real-life case studies and examples of corporate collapses and accounting scandals, and applying practical tools to financial statement analysis. Appealing to a range of practitioners within corporate finance including investors, managers, and business analysts, this book is the first to specifically address the challenges facing those who are not professional accountants and auditors when examining corporate financial reports.

Corporate financial reports are used widely by managers, investors, creditors, and government agencies to examine company performance and evaluate potential risks. However, although seemingly an invaluable source of information for managerial decision-making, financial reports are often based on rough simplifications of a very complex reality. With no way of avoiding deliberate manipulations and fraudulent activity, these statements cannot be relied on completely when selecting stocks or evaluating credit risk, and therefore poor analysis can lead to potentially disastrous investment decisions.

The author suggests that in order to effectively interpret corporate financial reports, we must 'read between the lines' to accurately assess a company's economic performance and predict its long-term viability.



Caracteristici

Outlines practical analytical techniques to reading between the lines of corporate financial reports in order to better evaluate company performance Presents real-life case studies and examples of previous accounting scandals and corporate collapses Examines the reliability of corporate financial reports and demonstrates the many pitfalls that investors, managers and analysts often encounter when analysing them