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| Financial Numbers Game | |
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| Rewards of the Game | |
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| Classifying Creative Accounting Practices | |
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| Plan of This Book | |
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| Summary | |
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| Glossary | |
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| Notes | |
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| How the Game Is Played | |
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| Accounting Policy Choice and Application | |
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| Fraudulent Financial Reporting | |
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| Cleaning Up after the Game | |
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| Clarifying Terminology | |
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| Summary | |
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| Glossary | |
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| Notes | |
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| Earnings Management: A Closer Look | |
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| What Is Earnings Management? | |
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| Incentives and Conditions for Earnings Management | |
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| Earnings Management Techniques | |
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| Evidence of Earnings Management | |
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| Effectiveness of Earnings Management | |
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| Is Earnings Management Good or Bad? | |
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| Summary | |
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| Glossary | |
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| Notes | |
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| The SEC Responds | |
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| The Chairman's Speech | |
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| The Action Plan | |
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| Subsequent Developments | |
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| Enforcing the Securities Laws | |
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| Summary | |
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| Glossary | |
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| Notes | |
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| Financial Professionals Speak Out | |
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| Survey of Financial Professionals | |
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| Survey Results | |
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| Summary | |
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| Glossary | |
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| Notes | |
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| Recognizing Premature or Fictitious Revenue | |
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| Is It Premature or Fictitious Revenue? | |
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| When Should Revenue Be Recognized? | |
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| Detecting Premature or Fictitious Revenue | |
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| Checklist to Detect Premature or Fictitious Revenue | |
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| Summary | |
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| Glossary | |
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| Notes | |
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| Aggressive Capitalization and Extended Amortization Policies | |
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| Cost Capitalization | |
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| Detecting Aggressive Cost Capitalization Policies | |
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| Amortizing Capitalized Costs | |
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| Detecting Extended Amortization Periods | |
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| Checklist to Detect Aggressive Capitalization and Extended Amortization Policies | |
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| Summary | |
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| Glossary | |
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| Notes | |
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| Misreported Assets and Liabilities | |
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| Link with Reported Earnings | |
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| Boosting Shareholders' Equity | |
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| Overvalued Assets | |
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| Undervalued Liabilities | |
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| Checklist to Detect Misreported Assets and Liabilities | |
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| Summary | |
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| Glossary | |
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| Notes | |
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| Getting Creative with the Income Statement: Classification and Disclosure | |
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| Current Income Statement Requirements and Practices | |
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| Reporting Comprehensive Income | |
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| Creative Income Statement Classifications | |
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| Creativity with Other Aspects of the Income Statement | |
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| Summary | |
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| Glossary | |
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| Notes | |
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| Getting Creative with the Income Statement: Pro-Forma Measures of Earnings | |
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| Recasting the Bottom Line: Pro-Forma Earnings Measures | |
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| Summary | |
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| Glossary | |
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| Notes | |
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| Problems with Cash Flow Reporting | |
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| Reporting Cash Flow | |
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| Problems with Reported Operating Cash Flow | |
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| Using Operating Cash Flow to Detect Creative Accounting Practices | |
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| Checklist for Using Operating Cash Flow to Detect Creative Accounting Practices | |
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| Summary | |
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| Glossary | |
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| Notes | |
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| Subject Index | |
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| Company Index | |