About this episode
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
Link to Balance Sheet and Income Statement A Beginners Guide https://youtu.be/Prv1UER1VI4
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