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A Forensic Accounting Expert Explains How Companies Trick Investors

Podcast |: Odd Lots
Publisher |: Bloomberg
Media Type |: audio
Podknife tags |: Business,; Business News,; Economics,; Investing,; Stock Market
Categories Via RSS |: Business,; Business News,; Investing,; News,; News Commentary
Publication Date |: Sep 10, 2018
Episode Duration |: 00:35:12

Companies have all kinds of discretion in how they recognize revenue and costs. Some of this is legit. Some of this is fraud. On this week's episode of the Odd Lots podcast, we speak with Howard Schilit, an expert in forensic accounting and the author of “Financial Shenanigans: How To Detect Accounting Gimmicks & Fraud in Financial Reports.”

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