The Signs Were There
eBook - ePub

The Signs Were There

The clues for investors that a company is heading for a fall

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

The Signs Were There

The clues for investors that a company is heading for a fall

About this book

When companies suffer a dramatic even catastrophic drop in their share price, it is the investors who lose their shirts and employees their jobs. But often, a company's published accounts offer clues to impending disaster, providing you know where to look. Through the forensic examination of more than 20 recent stock market disasters, Tim Steer reveals how companies hide or disguise worrying facts about the robustness of their business. In his lively style, he looks at the themes that underlie the ways companies hide the truth and he stresses that in an assessment of a company's accounts, investors should always bear in mind that the only fact is cash; everything else - profit, assets, etc - is a matter of opinion. Full of invaluable lessons for investors, the book concludes with some trenchant observations on what is wrong in the worlds of investment, audit and financial regulation, and what changes should be introduced.

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Yes, you can access The Signs Were There by Tim Steer in PDF and/or ePUB format, as well as other popular books in Business & Accounting. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Profile Books
Year
2018
Print ISBN
9781788160810
eBook ISBN
9781782834625
Subtopic
Accounting

Table of contents

  1. Cover
  2. Title Page
  3. Copyright Page
  4. Tim Steer
  5. Contents
  6. Introduction: The high cliff divers of Acapulco
  7. Part 1. Abracadabra: How profits can be maximised by turning costs into assets
  8. Part 2. Stock matters: How profits can be affected by stock value
  9. Part 3. Promises and estimates: The difficulties with accruals
  10. Part 4. Not so good: When goodwill goes bad
  11. Part 5. Busy building less value: The acquisition addiction
  12. Part 6. Never mind the width, feel the quality: Deteriorating assets
  13. Part 7. Crunch: There is no ignoring bad debts
  14. Part 8. Too cosy for comfort: Related party transactions
  15. Part 9. Beware of conflict: When auditors get too close for comfort
  16. Part 10. The trend is your friend: Financial analysis and the use of ratios
  17. Conclusion: Diving lessons
  18. Glossary
  19. Acknowledgements
  20. Index