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A valuable resource for any business professional, this book shows how performance metrics available from the financial statements, shareholder value creation, and the firm`s market value are all tied together. It also explores earnings management, including the use of discretion by management in the preparation of the financial statements to cast a favorable picture of the financial performance and condition of the firm. Readers will then delve more deeply into the methods used to account for operating, investing, and financing transactions.
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