Financ1al sh€nanigan$

Establishing the foundation. As bad as it gets ; Just touch up the x rays

Earnings manipulation shenanigans. Earnings manipulation shenanigan no. 1 : recording revenue too soon ; Earnings manipulation shenanigan no. 2 : recording bogus revenue ; Earnings manipulation shenanigan no. 3 : boosting income using one-time or unsustainable activities ; Earnings manipulation shenanigan no. 4 : shifting current expenses to a later period ; Earnings manipulation shenanigan no. 5 : employing other techniques to hide expenses or losses ; Earnings manipulation shenanigan no. 6 : shifting current income to a later period ; Earnings manipulation shenanigan no. 7 : shifting future expenses to an earlier period

Cash flow shenanigans. Cash flow shenanigan no. 1 : shifting financing cash inflows to the operating section ; Cash flow shenanigan no. 2 : shifting normal operating cash outflows to the investing section ; Cash flow shenanigan no. 3 : inflating operating cash flow using acquisitions or disposals ; Cash flow shenanigan no. 4 : boosting operating cash flow using unsustainable activities

Key metrics shenanigans. Key metrics shenanigan no. 1 : showcasing misleading metrics that overstate performance ; Key metrics shenanigan no. 2 : distorting balance sheet metrics to avoid showing deterioration

Putting it all together. Shenanigans recap and recommendations.