Overview

This book identifies the financial characteristics of firms that precede unanticipated and typically disastrous reductions in corporate earnings and forecasted cash flow. It helps the informed financial statement reader implement corrective strategies to reverse these reductions in earnings and cash flow, and blunt their accompanying negative earnings impact.

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9780471120445

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CHARLES W. MULFORD is Professor of Accounting and EUGENE E. COMISKEY is the Callaway Professor of Accounting in the School of Management at the Georgia Institute of Technology in Atlanta. Both professors have doctorates in accounting and are professionally qualified as Certified Public Accountants. In addition to their work at Georgia Tech, they actively consult with lenders at several commercial banks in the United States and abroad. Professors Mulford and Comiskey regularly publish articles on financial reporting and analysis issues in leading academic journals in the accounting and finance fields as well as in such widely read professional journals as the Commercial Lending Review, the Journal of Commercial Lending, and the Financial Analysts' Journal.

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