Skip to main content
Quantitative Finance

Return to Answer

added 4 characters in body
Source Link
Tom Au
Tom Au
  • 454
  • 3
  • 13

There are two reasons for a quant to know accounting. The first is that a fair number of "quant" problems are, or at least can be cast as, accounting problems. This includes time series or "non-parametric" analysis of accounting numbers.

The second reason is that accounting numbers are sometimes faked, meaning that a quant has to be able to deconstruct accounting numbers in order not to be fooled. Enron Corp. looked like a good investment to many quants; until you realize that their numbers were fakedphony.

There are two reasons for a quant to know accounting. The first is that a fair number of "quant" problems are, or at least can be cast as, accounting problems. This includes time series or "non-parametric" analysis of accounting numbers.

The second reason is that accounting numbers are sometimes faked, meaning that a quant has to be able to deconstruct accounting numbers in order to be fooled. Enron Corp. looked like a good investment to many quants; until you realize that their numbers were faked.

There are two reasons for a quant to know accounting. The first is that a fair number of "quant" problems are, or at least can be cast as, accounting problems. This includes time series or "non-parametric" analysis of accounting numbers.

The second reason is that accounting numbers are sometimes faked, meaning that a quant has to be able to deconstruct accounting numbers in order not to be fooled. Enron Corp. looked like a good investment to many quants; until you realize that their numbers were phony.

Source Link
Tom Au
Tom Au
  • 454
  • 3
  • 13

There are two reasons for a quant to know accounting. The first is that a fair number of "quant" problems are, or at least can be cast as, accounting problems. This includes time series or "non-parametric" analysis of accounting numbers.

The second reason is that accounting numbers are sometimes faked, meaning that a quant has to be able to deconstruct accounting numbers in order to be fooled. Enron Corp. looked like a good investment to many quants; until you realize that their numbers were faked.