Improving the usefulness of accounting data in financial analysis

Accounting practices are flawed.  As a consequence, the accounting data generated by firms are generally open to interpretation, often misleading and sometimes patently false.  Yet, financial analysts place tremendous confidence in accounting data when appraising investments and investment strategie...

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Bibliographic Details
Main Author: A Saville
Format: Article
Language:English
Published: AOSIS 2004-04-01
Series:South African Journal of Economic and Management Sciences
Online Access:https://sajems.org/index.php/sajems/article/view/1361