Business Fairy Tales: Grim Realities of Fictitious Financial Reporting
"Jackson walks the reader through the various ways unsuspecting investors can be led down the garden path through accounting tricks...Jackson has a knack for bringing complicated financial concepts like goodwill down to earth, and for demonstrating how they can be used to inflate earnings." Barron's Magazine, Sept. 25, 2006"The 'fairy tales' of the title are the companies' financial reporting, which is described in what reads like a series of horror stories. The Grimm-style moral is obvious, but author Cecil W. Jackson goes further, equipping the reader with the skills to spot the 20 most common forms of corporate impropriety, and hopefully avoid this kind of nightmare in the future." Accounting Today, Oct. 2, 2006"There are many more lessons in this book. They are based on real cases, and the author does an excellent job in providing ways to detect possible mischief. And, as a book that can help me avoid trouble with my investment picks, it's certainly a bargain." Tom Taulli, The Motley Fool, Oct. 31, 2006