Hidden financial risk: understanding off-balance sheet accounting
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Hoboken, N.J.
Wiley
2003
|
| Schlagworte: | |
| Online-Zugang: | Publisher description Table of contents Inhaltsverzeichnis |
| Beschreibung: | Includes bibliographical references and index |
| Beschreibung: | xiv, 298 p. ill. : 26 cm |
| ISBN: | 0471433764 |
Internformat
MARC
| LEADER | 00000nam a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV016876591 | ||
| 003 | DE-604 | ||
| 005 | 20031216 | ||
| 007 | t | ||
| 008 | 030305s2003 xxua||| |||| 00||| eng d | ||
| 010 | |a 2003003952 | ||
| 020 | |a 0471433764 |9 0-471-43376-4 | ||
| 035 | |a (OCoLC)51752927 | ||
| 035 | |a (DE-599)BVBBV016876591 | ||
| 040 | |a DE-604 |b ger |e aacr | ||
| 041 | 0 | |a eng | |
| 044 | |a xxu |c US | ||
| 049 | |a DE-12 |a DE-522 |a DE-19 | ||
| 050 | 0 | |a HF5635 | |
| 082 | 0 | |a 658.15/5 |2 21 | |
| 100 | 1 | |a Ketz, J. Edward |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Hidden financial risk |b understanding off-balance sheet accounting |c J. Edward Ketz |
| 264 | 1 | |a Hoboken, N.J. |b Wiley |c 2003 | |
| 300 | |a xiv, 298 p. |b ill. : 26 cm | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 500 | |a Includes bibliographical references and index | ||
| 650 | 7 | |a Accounting |2 gtt | |
| 650 | 7 | |a Administratiekantoren |2 gtt | |
| 650 | 7 | |a Corruptie |2 gtt | |
| 650 | 4 | |a Accounting firms |x Corrupt practices |v Case studies | |
| 650 | 4 | |a Accounting |v Case studies | |
| 650 | 4 | |a Business ethics |v Case studies | |
| 650 | 4 | |a Financial risk |v Case studies | |
| 650 | 0 | 7 | |a Korruption |0 (DE-588)4032524-6 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Unternehmensethik |0 (DE-588)4202404-3 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Rechnungslegung |0 (DE-588)4128343-0 |2 gnd |9 rswk-swf |
| 655 | 7 | |0 (DE-588)4522595-3 |a Fallstudiensammlung |2 gnd-content | |
| 689 | 0 | 0 | |a Rechnungslegung |0 (DE-588)4128343-0 |D s |
| 689 | 0 | 1 | |a Korruption |0 (DE-588)4032524-6 |D s |
| 689 | 0 | 2 | |a Unternehmensethik |0 (DE-588)4202404-3 |D s |
| 689 | 0 | |5 DE-604 | |
| 856 | 4 | |u http://www.loc.gov/catdir/description/wiley039/2003003952.html |3 Publisher description | |
| 856 | 4 | |u http://www.loc.gov/catdir/toc/wiley031/2003003952.html |3 Table of contents | |
| 856 | 4 | 2 | |m HBZ Datenaustausch |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010239212&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-010239212 | ||
Datensatz im Suchindex
| _version_ | 1804129876619296768 |
|---|---|
| adam_text | Contents
Preface xi
PART I My Investments Went Ouch! 1
1 What? Another Accounting Scandal? 3
Accounting Prophets: They Have No Profits 4
A Rash of Bad Accounting 5
Debt? What Debt? 11
Summary and Conclusion 15
Notes 31
2 Balance Sheet Woes 33
Investment Risks 34
Some Ratios That Index Financial Risk 34
Financial Leverage and its Effects 36
Stock Prices and Financial Leverage 41
Bankruptcy Prediction Models 43
Bond Ratings Prediction Models 45
Cost of Lying 46
Summary and Conclusion 47
Notes 48
PART II Hiding Financial Risk 51
3 How to Hide Debt with the Equity Method 53
Brief Overview of Accounting for Investments 54
Equity Method versus Trading Security
and Available for Sale Methods 55
Boston Chicken 57
vii
Contents
Details about the Equity Method and Consolidation 58
Hiding Debt with the Equity Method 63
Summary and Conclusion 70
Notes 71
4 How to Hide Debt with Lease Accounting 73
Present Value 74
Brief Overview of Lease Accounting 83
More Details about Lease Accounting 90
Adjusting Operating Leases into Capital Leases 91
Summary and Conclusion 101
Notes 101
5 How to Hide Debt with Pension Accounting 103
Definitions and Concepts Underlying Pension Plans 105
Brief Overview of Pension Accounting 111
Adjusting Pension Assets and Liabilities 117
Summary and Conclusion 122
Notes 123
6 How to Hide Debt with Special Purpose Entities 125
Special Purpose Entity Landscape 126
Securitizations 131
Synthetic Leases 137
Accounting for Special Purpose Entities 141
Preliminary Corporate Responses
about Special Purpose Entity Accounting 142
Summary and Conclusion 143
Notes 144
PART III Failures that Led to Deceptions 149
7 Failure of Managers and Directors 151
Failure of Managers 152
Failure of Directors 155
Business Ethics: As Oxymoronic as Corporate Governance? 161
Culture 164
Summary and Conclusion 167
Notes 168
viii
Contents
8 Failure of the Auditing Profession 173
Securities Laws and the Auditing Profession 174
Evolution of Underauditing 177
Changing Nature of the Big, Independent Auditor 180
Serving the Public Interest 185
Andersen Verdict 187
Young Model: A Reprise 188
Summary and Conclusion 190
Notes 191
Appendix Sutton s Critique of Serving the Public Interest 195
9 Failure of Regulation 213
Failure of the Financial Accounting Standards Board 214
Failure of the Securities and Exchange Commission 219
Failure of Congress 223
Failure of the Courts 227
Summary and Conclusion 227
Notes 228
10 Failure of Investors 233
Failure of Financial Governance 234
More Accounting 235
Enron—A Reprise 238
Rules for Investing 242
Summary and Conclusion 247
Notes 247
PART IV Making Financial Reports Credible 251
11 Andersen Has the Solution—Really! 253
Arthur Andersen Forgets its Roots 255
Purpose of Financial Reporting 256
Socialization 262
Andersen s Accounting Court 263
Summary and Conclusion 265
Notes 267
Bibliography 269
Index 291
ix
|
| any_adam_object | 1 |
| author | Ketz, J. Edward |
| author_facet | Ketz, J. Edward |
| author_role | aut |
| author_sort | Ketz, J. Edward |
| author_variant | j e k je jek |
| building | Verbundindex |
| bvnumber | BV016876591 |
| callnumber-first | H - Social Science |
| callnumber-label | HF5635 |
| callnumber-raw | HF5635 |
| callnumber-search | HF5635 |
| callnumber-sort | HF 45635 |
| callnumber-subject | HF - Commerce |
| ctrlnum | (OCoLC)51752927 (DE-599)BVBBV016876591 |
| dewey-full | 658.15/5 |
| dewey-hundreds | 600 - Technology (Applied sciences) |
| dewey-ones | 658 - General management |
| dewey-raw | 658.15/5 |
| dewey-search | 658.15/5 |
| dewey-sort | 3658.15 15 |
| dewey-tens | 650 - Management and auxiliary services |
| discipline | Wirtschaftswissenschaften |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>02095nam a2200529zc 4500</leader><controlfield tag="001">BV016876591</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20031216 </controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">030305s2003 xxua||| |||| 00||| eng d</controlfield><datafield tag="010" ind1=" " ind2=" "><subfield code="a">2003003952</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">0471433764</subfield><subfield code="9">0-471-43376-4</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)51752927</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV016876591</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxu</subfield><subfield code="c">US</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-522</subfield><subfield code="a">DE-19</subfield></datafield><datafield tag="050" ind1=" " ind2="0"><subfield code="a">HF5635</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">658.15/5</subfield><subfield code="2">21</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Ketz, J. Edward</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Hidden financial risk</subfield><subfield code="b">understanding off-balance sheet accounting</subfield><subfield code="c">J. Edward Ketz</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Hoboken, N.J.</subfield><subfield code="b">Wiley</subfield><subfield code="c">2003</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">xiv, 298 p.</subfield><subfield code="b">ill. : 26 cm</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Includes bibliographical references and index</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Accounting</subfield><subfield code="2">gtt</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Administratiekantoren</subfield><subfield code="2">gtt</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Corruptie</subfield><subfield code="2">gtt</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Accounting firms</subfield><subfield code="x">Corrupt practices</subfield><subfield code="v">Case studies</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Accounting</subfield><subfield code="v">Case studies</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Business ethics</subfield><subfield code="v">Case studies</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Financial risk</subfield><subfield code="v">Case studies</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Korruption</subfield><subfield code="0">(DE-588)4032524-6</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Unternehmensethik</subfield><subfield code="0">(DE-588)4202404-3</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Rechnungslegung</subfield><subfield code="0">(DE-588)4128343-0</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="655" ind1=" " ind2="7"><subfield code="0">(DE-588)4522595-3</subfield><subfield code="a">Fallstudiensammlung</subfield><subfield code="2">gnd-content</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Rechnungslegung</subfield><subfield code="0">(DE-588)4128343-0</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Korruption</subfield><subfield code="0">(DE-588)4032524-6</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="2"><subfield code="a">Unternehmensethik</subfield><subfield code="0">(DE-588)4202404-3</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="856" ind1="4" ind2=" "><subfield code="u">http://www.loc.gov/catdir/description/wiley039/2003003952.html</subfield><subfield code="3">Publisher description</subfield></datafield><datafield tag="856" ind1="4" ind2=" "><subfield code="u">http://www.loc.gov/catdir/toc/wiley031/2003003952.html</subfield><subfield code="3">Table of contents</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">HBZ Datenaustausch</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010239212&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-010239212</subfield></datafield></record></collection> |
| genre | (DE-588)4522595-3 Fallstudiensammlung gnd-content |
| genre_facet | Fallstudiensammlung |
| id | DE-604.BV016876591 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T19:12:06Z |
| institution | BVB |
| isbn | 0471433764 |
| language | English |
| lccn | 2003003952 |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-010239212 |
| oclc_num | 51752927 |
| open_access_boolean | |
| owner | DE-12 DE-522 DE-19 DE-BY-UBM |
| owner_facet | DE-12 DE-522 DE-19 DE-BY-UBM |
| physical | xiv, 298 p. ill. : 26 cm |
| publishDate | 2003 |
| publishDateSearch | 2003 |
| publishDateSort | 2003 |
| publisher | Wiley |
| record_format | marc |
| spelling | Ketz, J. Edward Verfasser aut Hidden financial risk understanding off-balance sheet accounting J. Edward Ketz Hoboken, N.J. Wiley 2003 xiv, 298 p. ill. : 26 cm txt rdacontent n rdamedia nc rdacarrier Includes bibliographical references and index Accounting gtt Administratiekantoren gtt Corruptie gtt Accounting firms Corrupt practices Case studies Accounting Case studies Business ethics Case studies Financial risk Case studies Korruption (DE-588)4032524-6 gnd rswk-swf Unternehmensethik (DE-588)4202404-3 gnd rswk-swf Rechnungslegung (DE-588)4128343-0 gnd rswk-swf (DE-588)4522595-3 Fallstudiensammlung gnd-content Rechnungslegung (DE-588)4128343-0 s Korruption (DE-588)4032524-6 s Unternehmensethik (DE-588)4202404-3 s DE-604 http://www.loc.gov/catdir/description/wiley039/2003003952.html Publisher description http://www.loc.gov/catdir/toc/wiley031/2003003952.html Table of contents HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010239212&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Ketz, J. Edward Hidden financial risk understanding off-balance sheet accounting Accounting gtt Administratiekantoren gtt Corruptie gtt Accounting firms Corrupt practices Case studies Accounting Case studies Business ethics Case studies Financial risk Case studies Korruption (DE-588)4032524-6 gnd Unternehmensethik (DE-588)4202404-3 gnd Rechnungslegung (DE-588)4128343-0 gnd |
| subject_GND | (DE-588)4032524-6 (DE-588)4202404-3 (DE-588)4128343-0 (DE-588)4522595-3 |
| title | Hidden financial risk understanding off-balance sheet accounting |
| title_auth | Hidden financial risk understanding off-balance sheet accounting |
| title_exact_search | Hidden financial risk understanding off-balance sheet accounting |
| title_full | Hidden financial risk understanding off-balance sheet accounting J. Edward Ketz |
| title_fullStr | Hidden financial risk understanding off-balance sheet accounting J. Edward Ketz |
| title_full_unstemmed | Hidden financial risk understanding off-balance sheet accounting J. Edward Ketz |
| title_short | Hidden financial risk |
| title_sort | hidden financial risk understanding off balance sheet accounting |
| title_sub | understanding off-balance sheet accounting |
| topic | Accounting gtt Administratiekantoren gtt Corruptie gtt Accounting firms Corrupt practices Case studies Accounting Case studies Business ethics Case studies Financial risk Case studies Korruption (DE-588)4032524-6 gnd Unternehmensethik (DE-588)4202404-3 gnd Rechnungslegung (DE-588)4128343-0 gnd |
| topic_facet | Accounting Administratiekantoren Corruptie Accounting firms Corrupt practices Case studies Accounting Case studies Business ethics Case studies Financial risk Case studies Korruption Unternehmensethik Rechnungslegung Fallstudiensammlung |
| url | http://www.loc.gov/catdir/description/wiley039/2003003952.html http://www.loc.gov/catdir/toc/wiley031/2003003952.html http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010239212&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT ketzjedward hiddenfinancialriskunderstandingoffbalancesheetaccounting |