LEADER 04756nam 22007095 450 001 9910468234603321 005 20260212155343.0 010 $a9783030610418 010 $a3030610411 024 7 $a10.1007/978-3-030-61041-8 035 $a(CKB)4100000011610284 035 $a(MiAaPQ)EBC6414281 035 $a(DE-He213)978-3-030-61041-8 035 $a(Perlego)3481283 035 $a(MiAaPQ)EBC29090969 035 $a(EXLCZ)994100000011610284 100 $a20201128d2020 u| 0 101 0 $aeng 135 $aurnn#008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aReading Between the Lines of Corporate Financial Reports $eIn Search of Financial Misstatements /$fby Jacek Welc 205 $a1st ed. 2020. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2020. 215 $a1 online resource (XL, 431 p. 279 illus., 3 illus. in color.) 311 08$a9783030610401 311 08$a3030610403 327 $aChapter 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. 330 $aThis 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. 606 $aBusiness enterprises$xFinance 606 $aAccounting 606 $aFinancial services industry 606 $aCorporate Finance 606 $aAccounting 606 $aFinancial Services 606 $aEmpreses$2thub 606 $aFinances$2thub 606 $aComptabilitat$2thub 606 $aTenidoria de llibres$2thub 606 $aMàrqueting bancari$2thub 608 $aLlibres electrònics$2thub 615 0$aBusiness enterprises$xFinance. 615 0$aAccounting. 615 0$aFinancial services industry. 615 14$aCorporate Finance. 615 24$aAccounting. 615 24$aFinancial Services. 615 7$aEmpreses 615 7$aFinances 615 7$aComptabilitat 615 7$aTenidoria de llibres 615 7$aMàrqueting bancari 676 $a657.3 700 $aWelc$b Jacek$0984146 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910468234603321 996 $aReading between the lines of corporate financial reports$92247708 997 $aUNINA