000 01220nam a2200217 a 4500
020 _a0712675949
020 _a9780712675949
082 _a657
_bSMI
100 _aSmith, Terry ;
245 _aAccounting for growth : stripping the camouflage from company accounts
250 _a2nd Edition.
260 _aLondon :
_bCentury Business,
_c©1996.
300 _avi, 216 p. :
500 _aIncluded Index.
520 _aBased on the award-winning "City Report" by UBS Phillips and Drew, this is an alarming book which shows up the methods developed by accountants during the 1980s in order to be able to report continuous growth in earnings per share - profit. But accounts drawn up in this way give an entirely false picture of a company's health, and in fact, many of the firms which employed these methods subsequently went bust. The author of this book argues that it is time for attention to refocus on balance sheet movement, divided potential and above all, cash, if readers and investors are to have an accurate picture of how companies are really performing.
650 _aAccounting.
650 _aStrategists Management
650 _aBusiness -- Accounts
650 _aGreat Britain
942 _cBK
999 _c40838
_d40838