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The number : how the drive for quarterly earnings corrupted Wall Street and corporate America

Author: Alex Berenson
Publisher: New York : Random House, ©2003.
Edition/Format:   Book : English : 1st edView all editions and formats
Database:WorldCat
Summary:
Examines how companies have put too much emphasis on "the number," companies' quarterly earnings, and lost track of their true purpose of building profititable businesses, which has led to accounting fraud and the recent corporate scandals.
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Additional Physical Format: Online version:
Berenson, Alex.
Number.
New York : Random House, c2003
(OCoLC)606445016
Online version:
Berenson, Alex.
Number.
New York : Random House, c2003
(OCoLC)606930048
Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Alex Berenson
ISBN: 0375508805 9780375508806
OCLC Number: 51022970
Description: xxiv, 274 p. ; 24 cm.
Contents: Prologue : One of many --
Introduction : System failure --
pt. 1. That was then ... --
ch. 1. Boom and bust --
ch. 2. Foundations --
ch. 3. Bubbling under --
ch. 4. The death of equities --
pt. 2. ... this is now --
ch. 5. Countdown --
ch. 6. The number is born --
ch. 7. Options --
ch. 8. Accountants at the trough --
ch. 9. Archaeologists and detectives --
ch. 10. Frenzy --
ch. 11. Truth --
Conclusion: Look both ways --
appendix 1. Accrual versus cash accounting --
appendix 2. Balance sheets and income statements --
Notes --
Acknowledgments --
Index.
Responsibility: Alex Berenson.
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Abstract:

Examines how companies have put too much emphasis on "the number," companies' quarterly earnings, and lost track of their true purpose of building profititable businesses, which has led to accounting fraud and the recent corporate scandals.

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