 | | |
| Financial Warnings: Detecting Earning Surprises, Avoiding Business Troubles, Implementing Corrective Strategies | 
 enlarge | Authors: Charles W. Mulford, Eugene E. Comiskey
Publisher: John Wiley & Sons Inc
Category: Book
List Price: $170.00
Buy New: $127.25
You Save: $42.75 (25%)
Buy New/Used from $62.00
Avg. Customer Rating:  (9 reviews)
Sales Rank: 660651
Languages: English (Original Language), English (Unknown), English (Published)
Media: Hardcover
Number Of Items: 1
Pages: 478
Shipping Weight (lbs): 3.3
Dimensions (in): 9.1 x 6.2 x 1.7
ISBN: 0471120448
Dewey Decimal Number: 657.48
EAN: 9780471120445
ASIN: 0471120448
Publication Date: January 15, 1996
Availability: Usually ships in 1-2 business days
|
| Customer Reviews:
| Showing reviews 6-9 of 9 | | « PREV | | |
This book rates with the best in forecasting problems. September 22, 1999
14 out of 14 found this review helpful
I have read many books dealing with forecasting financial problems. This rates with the best. I found it especially useful to incorporate the authors'suggestions into a financial spreadsheet which highlights with color to indicate when the stated numerical criteria has been reached. The only shortcoming may be that there is no comment on Z-Scores or similar indicators.
need more books like this August 12, 1999
12 out of 13 found this review helpful
i think this is an excellent book which explains well how a person can dissect financial statements and attempt to uncover misreporting. i would like to know if there are other books such as this. i've also read Quality of Earnings, written over 10 years ago... if you have any suggestions please write (thanks).
An important, practical tool for financial statement users. March 31, 1999
12 out of 13 found this review helpful
As a Georgia Tech Finance MBA, I have taken 3 courses from Dr. Mulford and 2 from Dr. Comiskey. Why so many? They are both outstanding teachers and dedicated professionals who infect their students with a passion for the critical and skeptical study of financial reports. The book Financial Warnings forms the backbone of a course in which we learn to produce a firm's Sustainable Earnings Base (SEB). From there it is easier to value the firm and to predict future earnings surprises. The book takes a very practical, methodical approach, and is based upon real-world financial research and surveys of lenders. Earnings management, fraud, undervalued liabilities and overstated assets are some of the interesting topics covered. Complex issues are explained thoroughly, in a very smooth writing style. Well Done!
A well written and informative guide to evaluating a company November 27, 1998
6 out of 7 found this review helpful
This book provides a detailed description of what to look for when analyzing the financial earnings of a firm. I found it extremely informative and easy to read, especially since I am not a guru in accounting. The sequence of chapters provides a step-by-step method to determining if a firm will issue a negative earnings surprise prior to it actually occurring. The logic behind this is based on surveys with banks as well as personal insights from both authors. Ultimately, a sustainable earnings calculation is performed which allows you to evaluate a firm on a level playing field.
|
|
|
Powered by Associate-O-Matic
| | |