How to Understanding Out of Balance Sheet Accounting
How do these high-profile accounting scandals occur and what could have been done to prevent them. Hidden Financial Risk fills that void by examining methods for off balance sheet accounting, with a particular emphasis on special purpose entities (SPE), the accounting identifies the incentives for managers to deceive investors and creditors about financial risk and also shows investors how to protect their investments in a world filled with accounting and auditing frauds.On January 2, Buzzards, Inc., buys 1, 000 shares of High Flying stock at $32 per share. ... On the balance sheet, the firm should value the stock investment at fair value, which is 1, 000 shares at $40 per share, for a total of $40, 000. The income anbsp;...
| Title | : | How to Understanding Out of Balance Sheet Accounting |
| Author | : | Venkateswara Rao |
| Publisher | : | Lulu Press, Inc - 2015-07-24 |
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