Financial Shenanigans

Worried about hidden risks in your investments? Learn how to spot the red flags in financial statements before they cost you. This guide gives you the forensic accounting skills to look beyond the surface and protect your portfolio from corporate deception. You'll discover the seven core categories of financial shenanigans, from aggressive revenue recognition tactics to manipulating cash flow. Uncover the same techniques used by expert analysts to identify misleading metrics, understand why companies fake their numbers, and gain the confidence to make smarter, safer investment decisions.

Howard M. Schilit is a pioneering international expert in forensic accounting and the founder of several highly respected financial research firms, including CFRA. His decades of experience investigating corporate accounting deceptions inspired him to co-author this definitive guide. Co-author Jeremy Perler, a former Schilit disciple and now a senior investment professional, brings a practical, in-the-trenches perspective. Together, they have trained countless analysts and investors worldwide to spot the red flags hidden within financial statements, making complex fraud detection accessible to all.