Reading between the Lies

Author: Jordan E. Goodman
List Price: $25.00
Our Price: Click to see the latest and low price
ISBN: 0793169453
Publisher: Dearborn Trade Publishing (14 July, 2003)
Sales Rank: 438,326
Average Customer Rating: 1 out of 5

Customer Reviews

Rating: 1 out of 5
Not What You Expect
Only one of the 12 chapters is devoted to techniques for analyzing financial statements for possible fraud and that chapter is rather incomplete and superficial,simply discussing a few commonly used ratios that are probably already familiar to most readers interested in books of this type. The discussion of financial statement footnotes is particulary brief and lacking in description of what to look for. The other 11 chapters just give background material on corporate fraud and governance, conficts of interest at brokerage houses, etc. The author clearly is not an expert at reading financial statements and at one point even suggests incorporating technical analysis (stock price chart reading)into investment decisions. Pathetic. Readers should ignore this book and get Financial Fine Print by Michelle Leder instead.

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