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Author: CalgaryOne One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 3916  
Subject: Re: Bad Accounting Information Date: 4/19/1997 6:13 PM
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On Sat, 19 Apr 97 00:27:37 -0600, FredTheCPA wrote:
<<I just want to vent a little steam.

Why do books that attempt to tell how to read financial statements written for investors get the details wrong? The last two books I've read, including the brilliant work by the Foolish Ones, once they talk about the financial statements screw it up. The other book is 'Starting and Running a Profitable Investment Club' by O'Hara & Janke. Wouldn't it be nice if the authors actually showed the manuscript to someone who knew accounting prior to sending it to the publisher?

I'm done venting steam. Sorry.


Well that's just wonderful Fred. Now, in the spirit of "full disclosure" (pun intended) how about letting the rest of us know just how these books have screwed up?

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