The number
Subtitle: how the drive for quarterly earnings corrupted Wall Street and corporate America
By: Alex Berenson
Edition: 1st ed.
Publisher: Random House
Published: 2003
Place of publication: New York
Language: eng
Number of pages: 274
ISBN-13: 9780375508806
Subjects: Prévention; Comptabilité; Rechnungslegung; Entreprises; Vérification comptable; Corrupt practices; Pratiques déloyales; Financial statements; Corporations; Accounting; Auditing; Konzern; Prevention; Korruption
Description: Examines how companies have put too much emphasis on "the number," companies' quarterly earnings, and lost track of their true purpose of building profititable businesses, which has led to accounting fraud and the recent corporate scandals.
Notes: Includes bibliographical references (p. [234]-249) and index.
Table of contents: title: Prologue : One of many --; title: Introduction : System failure -- -- pt. 1.; title: That was then ... -- -- ch. 1.; title: Boom and bust -- -- ch. 2.; title: Foundations -- -- ch. 3.; title: Bubbling under -- -- ch. 4. The; title: death of equities -- -- pt. 2.; title: ... this is now -- -- ch. 5.; title: Countdown -- -- ch. 6. The; title: number is born -- -- ch. 7.; title: Options -- -- ch. 8.; title: Accountants at the trough -- -- ch. 9.; title: Archaeologists and detectives -- -- ch. 10.; title: Frenzy -- -- ch. 11.; title: Truth --; title: Conclusion: Look both ways -- -- appendix 1.; title: Accrual versus cash accounting -- -- appendix 2.; title: Balance sheets and income statements --; title: Notes --; title: Acknowledgments --; title: Index.