Comments on: 5 Reasons to Read Prospectuses http://sgentrepreneurs.com/entrepreneurship-enterprise/2006/10/08/5-reasons-to-read-prospectuses/?utm_source=rss&utm_medium=rss&utm_campaign=5-reasons-to-read-prospectuses Get to know Asia. The Singapore entrepreneurship scene. Thu, 29 Mar 2012 11:52:28 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Harro! http://sgentrepreneurs.com/entrepreneurship-enterprise/2006/10/08/5-reasons-to-read-prospectuses/comment-page-1/#comment-6956 Harro! Fri, 01 Dec 2006 16:07:12 +0000 http://sgentrepreneurs.com/entrepreneurship-enterprise/2006/10/08/5-reasons-to-read-prospectuses/#comment-6956 Well, unless you are an insider, you really won't get this information. Financial manipulation happens at all times, even during a standard operating year. Sales people do it. CFOs do it. CEOs do it. The real challenge is not getting caught when doing the reversal. The other thing to look out for is if the company is governed by a set of sales, financial policies. Sometimes this information is not transparent even to company employees. :) So unless its a Fortune 100 company, dont expect to get access to it. Well, unless you are an insider, you really won’t get this information. Financial manipulation happens at all times, even during a standard operating year.

Sales people do it. CFOs do it. CEOs do it.

The real challenge is not getting caught when doing the reversal.

The other thing to look out for is if the company is governed by a set of sales, financial policies.

Sometimes this information is not transparent even to company employees. :) So unless its a Fortune 100 company, dont expect to get access to it.

]]> By: inspir3d http://sgentrepreneurs.com/entrepreneurship-enterprise/2006/10/08/5-reasons-to-read-prospectuses/comment-page-1/#comment-4192 inspir3d Sun, 08 Oct 2006 15:30:52 +0000 http://sgentrepreneurs.com/entrepreneurship-enterprise/2006/10/08/5-reasons-to-read-prospectuses/#comment-4192 one should also be aware of possible accounting earnings management when analysing IPO prospectuses. Companies have been known to manage discretionary accruals to make their earnings look good just before the offering. meanwhile, the accruals reverse after the offering and the true picture of the company's financial health is revealed. one should also be aware of possible accounting earnings management when analysing IPO prospectuses. Companies have been known to manage discretionary accruals to make their earnings look good just before the offering. meanwhile, the accruals reverse after the offering and the true picture of the company’s financial health is revealed.

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