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Accounting for Growth By Terry Smith

Accounting for Growth by Terry Smith

Condition - Very Good
$112.99
Out of stock

Summary

Based on the City report by UBS Phillips & Drew, this book shows up the methods developed by accountants during the 1980s in order to be able to report continuous growth in earnings per share (ie profit). But accounts drawn up in this way often give an entirely false picture of a company's health.

Accounting for Growth Summary

Accounting for Growth: Stripping the Camouflage from Company Accounts by Terry Smith

Based on the award-winning City report by UBS Phillips & Drew, this book shows up the methods developed by accountants during the 1980s in order to be able to report continuous growth in earnings per share (ie profit). But accounts drawn up in this way often give an entirely false picture of a company's health, and in fact many of the firms which employed these methods subsequently went bust. The author claims that it is time for attention to refocus on balance sheet movement, dividend potential and above all, cash, if readers and investors are to have an accurate picture of how companies are really performing.

Additional information

GOR001291931
Accounting for Growth: Stripping the Camouflage from Company Accounts by Terry Smith
Used - Very Good
Paperback
Cornerstone
1992-08-19
232
0712657649
9780712657648
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Accounting for Growth