Forget Fake Invoices The Real Risk Is The Assumptions Made In The Balance Sheet To Hide Losses
Economic Times
Most accounting risks make noise. The biggest one on the Indian balance sheet doesn't
. It hides inside growth assumptions, discount rates, and the way one asset is grouped with another, invisible to anyone reading only the headline numbers. The auditor sees it first and writes about it in the footnotes most investors skip. This story is a reader's guide to those footnotes: How the manipulation is done, what to look for, and exactly where to look.
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