When allegations about accounting problems at Patisserie Valerie surfaced, they shocked the investing world, frustrating investors who felt they were "merely unlucky" in owning shares in a company with this type of problem.
Q3 hedge fund letters, conference, scoops etc
However, not everyone thinks accounting fraud and bankruptcy risks appear without any warning. One analyst has compiled a report highlighting some warning signs of potential accounting problems and tests investors could carry out on companies they're thinking about investing in.
Patisserie Valerie faces accounting probe
U.K.-based café chain Patisserie Valerie has been under investigation since earlier this month. Investigators are looking into why the company issued millions of pounds worth of options to its executives without disclosures in filings. Trading...



