The Red Flag Report
I like to come back to the following quote quite often:
Accounting is the language of business. But in the hands of the wrong people, it becomes a weapon. - Warren Buffet
Accounting and governance failures are some of the biggest causes for shutting down of companies.
Welcome to The Red Flag Report. This is where we dissect white-collar crime — down to the last rupee. Discover how financial frauds are engineered using crafty accounting finesse… until they’re not.
Because at the heart of it — all lies can be uncovered using the fundamental philosophy of accounting’s double-entry system:
If you want to inflate one number, there must be an equal and opposite adjustment.
So, come along with me on a journey to uncover deception — to learn how to spot red flags, decode manipulations, and figure out whether it was a legitimate double entry… or a double cross.