This book gives any investor the ability to protect him-or herself in this uncertain environment by using financial statements as a weapon. Becoming a "financial detective" doesn't require any understanding of accounting, mastery of obscure language, or the ability to read the fine print without a microscope. In just five minutes, you can learn:How to spot the tricks modern companies use to boost revenue totals, artificially reporting top-line growth.Where to find all the places companies put acquisition gains and losses, either hiding bad investments or bolstering operating results with one-time items.How to compare the income statement, cash flow statement, and balance sheet to judge the quality and predictability of earnings.What "pro forma results," "EBITDA" and "goodwill" are, and what they can reveal...or hide from you.How to tell when even an "honest" company is feeding you information...
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