PROFITS YOU CAN TRUST

PROFITS YOU CAN TRUST

SPOTTING & SURVIVING ACCOUNTING LANDMINES

H. DAVID SHERMAN / S. DAVID YOUNG / HARRIS COLLINGWOOD

3,00 €
IVA incluido
Editorial:
GENERICA
Año de edición:
2003
Materia
Economía / empresa - oferta
ISBN:
978-0-13-100196-1
Páginas:
169
3,00 €
IVA incluido

u003cpu003eu003ciu003eProfits You Can Trustu003c/iu003e gives managers, directors, lenders, audit partners and analysts a clear framework to demystify global financial reporting in a market fraught with danger. Filled with provocative and enlightening examples, it offers a fresh perspective and clear guidance for everyone involved with financial reporting strategy and communication, as well as specific and easily understood questions that must be asked to avoid accounting landmines that can destroy even the most successful business. The authors begin with an overview of the challenges of financial literacy for business decision-makers operating in both U.S. and global environments, the reasons decision-makers tacitly "conspire" to inflate stated revenues and reduce stated costs, and how "small" lies inevitably lead to bigger ones. Next, using easy-to-understand examples, they discuss six key accounting minefields in detail. These include revenue recognition; provision for uncertain future costs; asset values; risk management and the use of derivatives; related party transactions; and performance benchmarking. Finally, they turn to the key questions and lessons arising from recent financial scandals, including accounting firm conflict of interest; why Generally Accepted Accounting Practices aren't always sufficient; assessing mergers, acquisitions, and restructuring reserves; and the appropriate role of non-financial measurements such as balanced scorecards.u003c/pu003e

Artículos relacionados