so if a company engaged in shady accounting practices, I should ask them and they will tell me lol.. you are funny.

Great videos! I wish I had you as an accounting professor during my college days!

this was a great video- thanks.

Thank you!!!!!!!!It was very helpful.

Thank you for your videos!

Thank you for the video. It's so helpful!

Great video.

Keep sharing It's really helpful sir..... Thank you 🙏

Thank you 🙂 keep it up

Solid work!

Thank you!

Thank you 😊

Thank u boss

ture know how knowledge! please provide more:))))

It’s the good analysis for fraud.Thanks ~~~

Great insight, I’m a 1st year student and your videos help me grasp more challenging concepts in accounting. I’m curious though, how do auditors usually give bad news? Say you find the company is cooking their books. Do you have a meeting with management where you just flat out give your facts? Or do you go through a 3rd party? Or perhaps you present it as a ‘let’s figure out what went wrong here’ kind of thing?

Great video

Thanks for sharing. Is the 1-5% allowance arbitrary figures? Or is there any rules of thumbs

I believe my company is committing fraud through their SPAC companies. How do I get an audit done? The books are cooked by the time the CFO gets them.

Very clear, thanks, I would like to see this applied in the 10-K. Example: I guess that as an investor (not auditor) the revenue recognition issue should not be traceable in the 10-K right? , but what about the amortization of the operating expenses, this might be mislabeled in the 10-K as "Amortization (other)", this preventing the researcher have clarity?

Hello sir from you opinion which more demand accounting or finance the most and thank you so much

HOW ABOUT SUPPLIER ADVANCE ALREADY PAID & SHOWN IN B/S CURRENT ASSET AS PREPAID ADVANCES THIS WOULD ALSO COME UNDER CAPITALIZING OPERATING EXPENSES

Hey sir ! I really like your videos , it inspire me a lot ! I do wanna ask , in your opinion , is there a difference between audit and forensic accountant ? Hope that I have the honour to get a reply from you ! Until then , do take care !

I am reading a book called Financial Shenanigans, do you have any books to recommend

❤❤❤❤

You should make a video about evergrande

I'm not American but I guess it's more or less similar everywhere First of all, there are two direction to manipulate : - overstating results, like if you are a manager, in order to get good approvals from your hierarchy, having "outperform the budget", to get bonus/commission on sales/results (and this can move up in the chain: a branch in a country/region wants to show good performances to the headquarter) - understating results, especially for SMEs that want to avoid paying taxes (because of fake lower tax base) Often the controller/accountant is the key person and can be bribed by the upper management to "manipulate" the accounts (it's the basic risk of management overriding control) So in practice, you will easily manipulate accruals/provisions/depreciation/amortization (since they are all manual entries, without proper supporting documents), not record liabilities (invoices) or future litigations risk (with lawyers), overstate sales (fake invoicing) or understate sales (smaller invoice amount + direct cash payments from clients in addition, that leaves no traces), cover "theft" in the inventories/PP&E (with write-offs or reversals from other accounts), asking over-priced invoice from the vendor (and then the vendor pays you back in cash the surplus) or if it is a friend, record fake invoices and pay it to "yourself" or an 3rd account from an accomplice, ... It's easy (doesn't mean zero risk of detection) "to drown these manipulations", especially if you were yourself an auditor in the past, and know where they focus their substantive testing and/or you can bullshit them when they don't understand properly some movements (require good lying skills)