Shenanigans

Posted on Tuesday, January 8, 2013 by sccl_smart_investing

Financial Shenanigans Financial Shenanigans Certainly, most companies are ethical, but some do take advantage of reporting gray areas or ignore the rules in order to present financial results with a deceptively positive spin or in an altogether misleading way. Given the potential for accounting manipulation and gimmickry, financial statement readers need to exercise skepticism and rigorous due diligence. Schilit and Perler, two recognized forensic accounting experts, have . . . more »

Shenanigans

Posted on Tuesday, January 8, 2013 by sccl_smart_investing

Financial Shenanigans Financial Shenanigans Certainly, most companies are ethical, but some do take advantage of reporting gray areas or ignore the rules in order to present financial results with a deceptively positive spin or in an altogether misleading way. Given the potential for accounting manipulation and gimmickry, financial statement readers need to exercise skepticism and rigorous due diligence. Schilit and Perler, two recognized forensic accounting experts, have . . . more »

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