Sound Investing, Chapter 9 - Expense Dodges
This chapter comes from a book written by financial accounting expert Kate Mooney. Sound Investing provides you with the expertise to recognize signs of trouble or fraudulent reporting in a company's financial statements. Using recent scandals as examples, it offers clear direction on locating specifics in financial statements as well as the notes, SEC filings, and the annual report that signal possible trouble and presents action steps to take when warning signs appear.
What people are saying - Write a review
We haven't found any reviews in the usual places.
accounting policies Accounting rules adjustment technique allow management amortization assets for 2005 associated with asset average depreciable assets bad debt expense capitalization of costs capitalization policy capitalized costs capitalized the costs carrying value cash flows change in accounting ciable assets Companies can capitalize company management company’s construction loan costs associated costs to future current accounting period current period depre Depreciation expense Detection Techniques development costs direct-response advertising dodge an expense dodge expenses eligible for capitalization enue esti example EXPENSE DODGES favorable estimates financial statements future income statement future periods impairment included income statement completely increase income judgment involved Kate Mooney legitimate expenses management must estimate management to dodge matching numbers offset expenses opportunity for management PepsiCo postpone expenses preopening costs qualifies for capitalization reduce the amount repair and maintenance requires management research and development reserve amounts revenue software costs technological feasibility Trends and Ratios warranty costs website development year’s