How Companies Cook Their Books (Part 1) | ET Money

In today’s video, which is a part 1 of a 2-part series, we shall examine how companies use creative accounting techniques to manipulate their revenue numbers.

👉 Important links mentioned in the video:
► 📚 Financial Shenanigans by Dr. Howard Schilit : https://amzn.to/3qCUBRJ
► 📚 The Checklist Manifesto by Dr. Atul Gawande : https://amzn.to/3q0ieU8
► Best Debt Mutual Fund Guide for Beginners : https://youtu.be/0I68yyBwcno

Chapters:
00:00 Introduction
00:57 Bringing Time To A Halt
02:38 In Excess Of Work Completed
05:56 Assets Leased To Customers
08:51 Before The Buyer’s Final Acceptance
10:14 Transactions Lacking Economic Substance
12:17 When Loan Is Not A Liability, But A Sale
14:07 Masquerading As A Large Company
15:47 Summary

#ETMoney #CreativeAccounting

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Видео How Companies Cook Their Books (Part 1) | ET Money канала ET Money