Anti-Financial Business Fraud: Knowing How To Read Between The Lines:

Employee fraud is a significant problem faced by organizations of all types, sizes, locations, and industries. While we would all like to believe our employees are loyal and working for the benefit of the organization (and most of them probably are), there are still many reasons why your employees may commit fraud and several ways in which they might do it. What You Will Learn In This Book: •A press release can provide more info about the company's health than you think. •A PE has little value without additional context. I should know, during the Tech Bubble, TV Financial Personality and their guests were explaining why a PE of 100 was the new norm, and why we should buy more and more. •A CEO action or inaction can also provide red flags to invest or not. Peter Lynch, the great investor in the 90's, stated that the flashiness of the CEO discouraged him from investing. •Auditors' opinions and footnotes contain more useful hints about financial warnings than you may believe. •Cash is king, even for companies. •Get a company fair value.Employee fraud is a significant problem faced by organizations of all types, sizes, locations, and industries. While we would all like to believe our employees are loyal and working for the benefit of the organization (and most of them probably are), there are still many reasons why your employees may commit fraud and several ways in which they might do it. What You Will Learn In This Book: •Auditors' opinions and footnotes contain more useful hint