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Investments

Nov. 16, 2006

A Few Signs Can Point a Sleuth to Fraud in Financial Statements

FORUM COLUMN - By Stanley I. Foodman - When reviewing a financial statement, how do you know if the numbers it contains are truthful and based on objective factual information or if it is a work of fiction?


Forum Column

By Stanley I. Foodman

     
      When reviewing a financial statement, how do you know if the numbers it contains are truthful and based on objective factual information or if it is a work of fiction? The short answer is - you don't know without digging.
      When viewing financial statements, Benjamin Disraeli's famous quote should always be ke...

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