Dear All,
I am starting this thread to share some accounting tricks that an investor should watch out - a kind a RED FLAG INDICATORS
Feel free to add up any accounting tricks (of course with details) that you may come across or aware of.
Starting with Pollypeck.
The cunning trick at the heart of the Polly Peck disaster
http://www.moneyweek.com/investment-adv ... bust-60300
The accounting trick that fooled Polly Peck's investors
http://www.youtube.com/watch?v=X-b62ZYXAyw
Thank you
ACCOUNTING TRICKS - RED FLAG INDICATORS
Moderators: alvin, learner, Dennis Ng
-
- Silver Forum Contributor
- Posts: 45
- Joined: Tue Apr 06, 2010 5:40 pm
-
- Silver Forum Contributor
- Posts: 45
- Joined: Tue Apr 06, 2010 5:40 pm