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Financial Warnings |
| Charles W. Mulford; Eugene E. Comiskey |
| A comprehensive, accessible, and innovative approach to a potentially devastating problem. When a firm's actual earnings fall significantly short of expectations, it's not just the company that suffers. Lenders, equity investors, accountants, auditors, and consultants can also take a hit from this "earnings surprise."
Financial Warnings is designed for one purposeÂto make sure that such a shortfall never undermines your financial security. Clearly and systematically, this unique practical guide helps you: *Understand the many causes of earnings surprises, including fraud, overstated revenues, undervalued liabilities, and many more *Identify the early warning signals associated with particular earnings surprises, so you can take prompt corrective action *Prevent earnings surprises from happening in the first place by improving the quality of earnings forecasts
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