CFRA, a U.K.-based provider of independent forensic accounting research and due diligence services, has launched QuickScore, a proprietary earnings quality model. With it, clients can generate rankings of earnings quality risk for over 3,300 public companies in the U.K. and Continental Europe, based on key accounts and metrics used by CFRA analysts in the early stages of their forensic accounting research process.The QuickScore earnings quality model was made available to the institutional investment community in Europe, and complements CFRA's European offering, which now includes a complete end-to-end forensic accounting research suite. In addition to the QuickScore model, the suite includes in-depth research reports, unlimited access to CFRA's analyst team, an online database of company notes, accounting-oriented industry analyses, topical educational research, on-site roundtable presentations, and proprietary conference calls.

The model provides a quantitative ranking (by decile) measuring discretionary, non-cash components of earnings growth. This scoring is proven to help identify companies with earnings quality risk, which are more likely to experience earnings disappointments, restatements, regulatory actions and shareholder lawsuits. The QuickScore tool also helps to identify companies that warrant further in-depth review.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access