From the Back Cover
ESSENTIAL TOOLS AND STRATEGIES FOR DETECTING MANIPULATION.
As recent corporate scandals prove, corrupt companies canmaintain a façade of financial success through manipulationand fraud almost to the day they file for bankruptcy. Fortunately,tools exists to detect aggressive earnings management.
This timely book reviews the current environment, explains thetools that can be used to detect a manipulative financialenvironment, and introduces techniques for recasting financialinformation to get a truer economic picture. Brief cases reflectinga variety of companies provide a feel for evaluating public dataand how earning management potential can be analyzed. In addition,an appendix features a complete earnings management detectionchecklist that can be used to conduct a thorough analysis of anycorporation.
Detecting Earning Management will help readers:
- Identify the incentive of management to manipulate earning topromote their own short-term interests.
- Evaluate the effectiveness of corporate governance to limitshort-term manipulation and promote long-term success.
- Consider whether recent regulations, such as Sarbanes-Oxley,will limit future abuse.
- Review the major fraud techniques used in the recent andnot-so-recent scandals.
- Identify the potential areas of manipulation and other sourcesof distortion and develop appropriate detection strategies.
- Understand the challenging areas that can distort financialreality such as acquisitions, derivatives, and special purposeentities.
About the Author
is Shelton Professor of Accounting at TexasA&M University. He received his Ph.D. from Texas TechUniversity and has been at Texas A&M for about twenty-fiveyears. He teaches financial analysis and other financial andgovernmental courses in the undergraduate program. He also teachesresearch methods in the Ph.D. program.
Dr. Giroux has published over fifty articles, includingpublications in Accounting Review, Journal of AccountingResearch, Accounting, Organizations and Society, Journal ofAccounting and Public Policy
, and numerous other journals. Heis the author of three earlier books, including Dollars &Scholars, Scribes & Bribes: The Story of Accounting
andFinancial Analysis: A User Approach
. His primary researchareas are governmental and financial accounting. He also isinterested in accounting and business history.
He has a number of outside interests, including collecting revenuedocuments and stamps, reading, golf, and scuba diving. He and hiswife Naomi travel regularly, in part based on internationalresearch projects and presentations.