Finding Reality in Reported Earnings

by Jan R. Squires, Martin S. Fridson

Analysts and portfolio managers may agree that the purpose of financial reporting is to provide useful financial information for making investment decisions. Or they may believe Martin Fridson's assertion that the intent of financial reporting is to obtain cheap capital. In either case, all analysts must constantly gauge the accuracy of earnings reports. This proceedings shows readers how to cut through management inventions to get at the earnings reality their clients need to know.

Paperback

First published January 1, 1997