Earnings Magic and the Unbalance Sheet: The Search for Financial Reality Review

Earnings Magic and the Unbalance Sheet: The Search for Financial Reality
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Earnings Magic and the Unbalance Sheet: The Search for Financial Reality ReviewI try to read various books on the subject of manipulating or managing earnings to enhance my analytical abilities. Because the GAAP rules give executives certain freedoms, it is valuable to know the true story behind these numbers. I like how this book educates readers on where to look to find clues for earnings management. For me, the chapter on pensions and other postemployment benefits was beneficial. During the current economic crisis, many companies struggle with their defined benefit plans, and this chapter educates readers better how to read through financial notes to gain better understanding of the pension status.
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock marketEarnings Magic and the Unbalance Sheet: The Search for Financial Reality Overview

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