HKSFA: The DARK SIDE of Financial Statement Analysis And How to Greatly Improve Stock Idea Filtering and Analysis


By Professor Joel Litman

Chief Investment Strategist and Managing Director at Valens Research and Professor at Hult International Business School

Date

Wednesday, 29th March 2017

Schedule

(In HKT)

Wednesday, March 29 – 9:00 AM to 5:00 PM

Location

HKSFA Office
14/F, BOC Group Life Assurance Tower,
136 Des Voeux Road Central,
Hong Kong

Language: English

HKSFA is bringing the highly-acclaimed “DARK SIDE” seminar with Professor Litman to Hong Kong. It has received highest marks at CFA Chapters in New York, Singapore, London, and more than ten other chapters around the world.

“The DARK SIDE of Financial Statements” focuses on the severe distortions in as-reported IFRS and GAAP financial reporting and the non-GAAP, non-IFRS solutions for it such as UAFRS uniform accounting.

As Professor Litman has stated, “Financial reporting is an inconsistent mess and getting worse around the world, misreporting revenue, earnings, cash flows, assets, equity, and debts.”

This “accounting mess” causes financial professionals to see stocks as expensive which truly aren’t and to see businesses as low quality which in actuality are solid cash flow generators.