||5 of 6 people found the following review helpful.| Competent analysis of off balance sheet accounting|By Integrity Reviews|An expert describes some the main devices used to distort financial information for public consumption, focusing on those which hide debt. I found it both informative and highly readable. Some background in business accounting is helpful but not necessary for the reader.|0 of 0 people found the followin||"Ketz' discussion is fascinating, although all too useful to future scamsters wanting to find out just how those clever guys at Enron did it." (UPI Business and Economics, August 11, 2003)|From the Inside Flap|The
An insider's guide to understanding and eliminating accounting fraud How do these high-profile accounting scandals occur and what could have been done to prevent them. Hidden Financial Risk fills that void by examining methods for off balance sheet accounting, with a particular emphasis on special purpose entities (SPE), the accounting ruse of choice at Enron and other beleaguered companies. J. Edward Ketz identifies the incentives for managers to deceive investor...
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You easily download any file type for your device.Hidden Financial Risk: Understanding Off-Balance Sheet Accounting | J. Edward Ketz. I was recommended this book by a dear friend of mine.
