How you can be fooled by long-term contracts

There are lots of ways directors can make it look as though their company is more profitable than it is. Tim Bennett looks at one, and explains what you should look out for.

There are lots of ways company directors can legitimately 'cook the books' and make it look as though their firm is making more profit than it really is. Here, Tim Bennett takes a look at one of them long-term contract accounting and explains what to look out for as an investor.

More from this series

How investors can be fooled by brands

How investors can be fooled by long-term assets

How investors can be fooled by provisions

How investors can be fooled by development costs

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