A former Walt Disney Co. accountant filed a series of whistleblower tips with the Securities and Exchange Commission alleging Disney overstated revenue for years.
In this article, I examined the scores from four top forensic algorithms that check for earnings manipulation, financial irregularities, and bankruptcy risks.
Only one period in 2012 produce any adverse scoring by a forensic model, and the period does not correspond to the 2008/2009 assertions.
The forensic tables of Altman, Beneish, Ohlson, and Montier are displayed below along with value/growth algorithms of Levermann and Piotroski.
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