Author and keynote speaker at the CLSA conference, Howard Schilit has strong views and is much in demand these days. An expert at spotting accounting shenanigans, his Centre for Financial Research Analysis is now lock in step with the mood of the times post-Enron.
What role should analysts have in interpreting company accounts
They should have a big role. They should be able to understand how to detect unusual changes in patterns in company accounts and then know how to ask the right questions to management to try and determine whether something good or bad has occurred. So analysts can play a vital role in helping investors.
Do you think the quality of analysts...