The Hidden Truth In Notes to Financial Statements Exposed!

I’m sure most high-level executives would not agree (at least in public) with what I am about to say about Financial Statements, but that isn’t going to stop me. Here it is. When a public company has unpleasant information that it is obliged to divulge to its shareholders and would prefer not to be questioned about, they will often bury it in the notes to the Financial Statement, if at all possible – which means, if their auditors will allow them to. Clearly not all companies do this, but many do. That’s just one of the many reasons, savvy investors and others devour the notes to the financial statement with great relish. You should do the same. #notestofinancialstatements #fifthfinancialstatement #finacialstatements #accounting

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This video explores how some public companies may use *financial reporting* to their advantage, potentially burying unpleasant information in the *footnotes* of their *financial statements**. Understanding **accounting* principles and conducting thorough *financial analysis* is crucial for investors. #finance #disclosure