Download Accounting for Growth by Terry Smith PDF

	Download Accounting for Growth by Terry Smith PDF

TITLE: Accounting for Growth: Stripping the Camouflage from Company Accounts
Author: Terry Smith
PDF format: 224 pages
Publisher: Random House Business Books; 2nd Revised edition edition (18 July 1996)
Language: English

Book Description:
Was most of the growth seen in company profits during the late 80s, and in some cases in the early 90s, due to the improved efficiency of British industry – or was it generated from the manipulation of profits by creative accounting? This new edition of ACCOUNTING FOR GROWTH is a ruthless exposure of the accountancy practices – not illegal – which are used to bemuse the investing public and cast a rosy glow over the accounts of companies which in some cases were on the verge of bankruptcy. The first publication of the book in 1992 caused up an uproar in the City and beyond, and as a result of it many of the practices identified by Terry Smith have been changed or discontinued. This new edition, with much new material and additional chapters, is equally hardhitting and will once again put accountancy practices under the microscope.

What makes this book special is the fact that Terry Smith actually names names and shows real, recent examples of creative accounting used by many large household names. He explains the effects of the changes in policy clearly and follows this through with examples from the published accounts. Although technical, it is easy to read and presented in a format which allows it to be understood by people from non-technical backgrounds.

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