10 Accounting Red Flags Seminar - New York

A seminar in New York, details below and full details on signup

Steve will deliver his Accounting Red Flag Seminar in New York from 2-5.30pm on Tuesday, November 12 at a midtown location

You will learn 10 accounting issues to watch for. These will help you spot companies managing earnings, understand the true quality of reported eps, and better evaluate stocks.

In two hours, you won't become Carson Block, but you will go away with a toolkit that will

  • enable you to avoid scams and frauds
  • help you understand the real quality of a company's earnings
  • allow you to detect companies which are boosting their earnings
  • help you avoid overpaying for stocks

You will learn the exact same 10 tricks that Steve uses when asked to perform a Forensic Accounting Review. And the beauty is that you can do this in a couple of hours at most for the majority of stocks. And if it's going to take longer, the chances are that there is something wrong.

Here is what one client said about the content:

"One of our key skills is shorting stocks and identifying accounting issues. Stephen’s ‘behind the balance sheet’ accounting seminars provided a thorough refresher on a number of accounting issues to look for, excellent training to make sure the whole team were comfortable with all the nuances and tricks that corporates use, as well as some more subtle angles that were thought provoking. The course was carefully put together combining theory with historic examples of financial shenanigans. An underappreciated topic in the investment world and Stephen helps to really bring it to life."
Chris Dale, CIO Kintbury capital. $1.5bn Pan European Equity, low net, long short hedge fund.

For obvious reasons, we can't tell you here what all these tools are, but we can give you a couple of examples:

Working Capital

You probably already know that working capital ratios can give you an insight into a company's health. You might even know how to calculate them. But Steve will show you better methods of calculating them, better methods of reviewing them and will give you insights that you wouldn't get anywhere else - insights from his 25+ years of analysis, 10,000+ hours reading accounts and spells at two multi-billion hedge funds.


Goodwill

How much time do you spend looking at the goodwill note? Not much probably. But 5 minutes here can unlock an important key to understanding a company's finances.


Audit Report

One partner at a highly successful $15bn long only boutique told Steve that he had stopped reading the audit report - Stev explained why he was wrong and the seminar presentation includes >15 slides on this single topic.


Ready to take your analytical skills to the next level?

This is an investment which has the potential to be a 100-bagger - quite easily. You are going to Omaha so you will know that saying from Warren Buffett himself - the best investment you can make is in yourself.

This seminar has only a limited number of seats - when they're gone, they're gone.


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Your Instructor


Stephen Clapham
Stephen Clapham

Stephen (Steve) Clapham has been one of the top analysts in the City of London for over 25 years. A rated analyst at top banks like JP Morgan, Steve moved to become a partner and head of research at two multi-billion hedge funds where he was responsible for hundreds of millions of dollars of investments. Now he brings the benefit of those years of practitioner experience to help you improve your investing and analytical skills.

In 2018, Steve set up his training company, Behind the Balance Sheet, and hundreds of professional investors, regulators and corporate analysts have taken his Forensic Accounting Course. Some of the world's top institutions rely on Steve to help their top analysts improve their skills. That expertise is now available to you!

In 2020, Steve's first book, The Smart Money Method, How to Invest Like a Hedge Fund Pro, was published by Harriman House and immediately went to the number 1 slot in various Investing categories on Amazon in the UK and US. It has been enthusiastically received by investors, both professional and amateur.


Course Curriculum


  New section
Available in days
days after you enroll

Frequently Asked Questions


When does the course start and finish?
The course starts at 2pm on Tuesday November 12 and will finish around 5.30pm. Steve often extends the Q&A.
What if I miss this seminar?
Steve has no plans to repeat this, but may do so if there is demand. Email us and we may do one in your area.
Why is this event being put on?
Steve is running a course for professional investors in New York the following day.

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