How to Detect Accounting Gimmicks & Fraud in Financial Reports. ๐ต๐ฝโโ๏ธ
Great book. I would also recommend Quality of Earnings by Thornton OโGlove.
I would expect that supporting a rapid growth often requires significant cash...?
"A company with rapid revenue growth but stagnant cash flows over several years likely indicates manipulation of earnings."
Great book. I would also recommend Quality of Earnings by Thornton OโGlove.
I would expect that supporting a rapid growth often requires significant cash...?
"A company with rapid revenue growth but stagnant cash flows over several years likely indicates manipulation of earnings."