Introduction to Forensic Accounting | How Companies Manipulate Profits | Accounting Frauds in India

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  • Опубліковано 19 гру 2024

КОМЕНТАРІ • 133

  • @007AgentNeo
    @007AgentNeo Рік тому +22

    Sir, I must say, in the whole youtube universe, yours is the only channel, which provides unbiased finance advice based on data, cares about the investor community, doesn’t promote hidden vested interests,works hard to prepare engaging content and presents unseen mind boggling, fresh content.

    • @shankarnath
      @shankarnath  Рік тому +1

      Thank you very much for the kind words and for your appreciation. I am happy to be playing a small part in your financial journey

    • @Mr.Acharyya
      @Mr.Acharyya Рік тому

      It's true you are unbiased

  • @srihariraman3690
    @srihariraman3690 Рік тому +33

    First 30 seconds made me to watch the entire video. Kudos to your content editors. Excellent work👏👏

    • @PiyushSharma-mo9qo
      @PiyushSharma-mo9qo Рік тому +1

      Totally agree with you😅❤

    • @shankarnath
      @shankarnath  Рік тому +7

      When creating the script, the word "fake" was what we could think of .. and so we felt "deep fake" can be a good addition to this video. Fortunately, I found something interesting at 11 pm and spent the next 3 hours figuring it out. If you want to try it .. here's the explainer link: ua-cam.com/video/x7G8ECJ_0l4/v-deo.html .. pretty cool

    • @srihariraman3690
      @srihariraman3690 Рік тому

      @@shankarnath wowww..so it's a python library.. 🙂 great thanks!!

  • @soubhikdas3377
    @soubhikdas3377 Рік тому +6

    This man should be saved at any cost

  • @drpjmahanta1896
    @drpjmahanta1896 Рік тому +2

    Another Master Class from my Personal Finance Guide.
    Heard about Forensics accounting from Mr Saurabh Mukharjea, many times.
    Grateful to you Mr Nath - today make this clear for me

    • @shankarnath
      @shankarnath  Рік тому

      Glad you found it informative and useful. Thank you for your kind appreciation

  • @manikb9377
    @manikb9377 Рік тому +1

    A professional with pure knowledge and crystal clear mind

  • @jadeedimoo5713
    @jadeedimoo5713 Рік тому +1

    Please all of you for this channel community like karo yaar shankar sir itna interesting concept or humour ke saath video banate hai tum log like nahi karte ho.

    • @shankarnath
      @shankarnath  Рік тому +1

      Thank you very much mere videos ko like karne ke liye

  • @varehman
    @varehman Рік тому +2

    Loved the start , message well delivered, enjoyed the video and content too , awesome work , thanks

    • @shankarnath
      @shankarnath  Рік тому

      Much appreciated! Glad you found the video informative, useful and creative

  • @Love-dz1um
    @Love-dz1um 10 місяців тому

    Thand a lot Sir. I have found such an amazing guru in you. Its too informative. In a very short time, you have delivered such quality knowledge much more than expected.
    Please make a series on accounting frauds and financial statements analysis with real examples and probable frauds.. thanks in advance.

    • @shankarnath
      @shankarnath  10 місяців тому

      Thanks for the suggestion

  • @parthaaec07
    @parthaaec07 Рік тому +3

    A critical topic for investors that needs series of videos. Account manipulation is so common in India and remain unchecked. Can you please elaborate those points someday with P&L & Cash flow statement side by side to expand our knowledge. I have spotted companies with wide gap of CFO (sometime even negative) & Operating profit . Ofcourse need further study. Thanks and your AI avatar introduction was hillerious !

    • @shankarnath
      @shankarnath  Рік тому

      Most welcome. Glad you liked the introduction!

  • @vcsvenk
    @vcsvenk Рік тому +1

    You have shared core informative knowledge which we were not aware in this depth. God bless you. Thank you so much.

    • @shankarnath
      @shankarnath  Рік тому

      My pleasure. Thanks for the kind words

  • @Ajinkya1977
    @Ajinkya1977 Рік тому +2

    Fantastic as usual.....your content, the way of presenting it, the creativity behind every video is amazing...makes it interesting and retains attention. Thankyou again.

    • @shankarnath
      @shankarnath  Рік тому +1

      Thank you very much! 🙌 .. Glad you liked the effort put in

  • @rajpachori
    @rajpachori Рік тому +3

    Much awaited video. You are the Guru for me. Thank you for keeping us enlightened 🙏

  • @kamalt07
    @kamalt07 Рік тому +1

    Great contemporary examples from an Indian context - would suggest making a series of such Financial Shenanigans videos, dwelling into each shenanigan in more detail and with Indian examples, if possible - it could even be a paid one - just a thought :).

    • @shankarnath
      @shankarnath  Рік тому

      Thanks for the suggestion. You are right, this should be put together as a series and will need me to bring together experts who do forensic account for a living. The experience part is very important here.

  • @winodds3672
    @winodds3672 Рік тому +1

    Superb and let fin enlightenment attaining process continue. Hail The Team.

  • @alappuzha9
    @alappuzha9 Рік тому +1

    I am indebted to you… You add value to life and knowledge arena of investors… Pranamam Fin Guru

    • @shankarnath
      @shankarnath  Рік тому +1

      Glad you like my work. Thx for your kind appreciation

  • @Dexrahul
    @Dexrahul Рік тому +1

    Absolutely brilliant intro in any you tube video I have ever seen

  • @SandipanNaths
    @SandipanNaths Рік тому +3

    @Shankar, 😀we find it useful, informative, and of course funny. You never stop surprising us :)

    • @shankarnath
      @shankarnath  Рік тому

      Thank you so much. Yes, we are all creatures of habit .. you're likely to hear "useful, informative", "understandably", "what I mean is", "lets begin" and "three days from now" in most scripts 😀

  • @DEVENDRA.CHOUBEY
    @DEVENDRA.CHOUBEY Рік тому +1

    Great learning from you
    Thanks

  • @adityakapoor001
    @adityakapoor001 Рік тому +1

    Wow amazing how you have uses morphing with such lovely impact

  • @karthikeyanv463
    @karthikeyanv463 Рік тому +3

    Another well researched and information packed presentation. Thanks Shankar ❤

  • @ramyasri6093
    @ramyasri6093 Рік тому +1

    Sir.. Such an excellent & eye opening video . Never expected such things about asian paints & jio.. Thanks for making us aware

    • @shankarnath
      @shankarnath  Рік тому +2

      It's my pleasure, Ramya Sri. Glad you found this informative

  • @BeNoOne902
    @BeNoOne902 Рік тому +1

    Fantastic. Gratitude:-)

  • @attudc
    @attudc Рік тому +1

    Thank you for covering this topic..

  • @wisdomhatchwithsuresh
    @wisdomhatchwithsuresh Рік тому +1

    Shankar anna….What a creativity ❤❤❤Love you anna Suresh from Thoothukudi Tamilnadu 😊

  • @vinaybee76
    @vinaybee76 Рік тому +1

    Crisp & Relevant, as usual. Kudos for the content & editing

  • @raghunarayanan1996
    @raghunarayanan1996 Рік тому +1

    Thanks a great insight !!!

  • @avgang99
    @avgang99 Рік тому +2

    Amazing video Sir ! Kudos to your creativity 😂 Brilliant!!!

  • @dkmadhale7401
    @dkmadhale7401 Рік тому +1

    Thank you Sir for valuable information.🙏

  • @ShreyaTiwari-e8d
    @ShreyaTiwari-e8d 4 місяці тому +1

    Super Helpful sir !!!!

  • @baibhavRishu
    @baibhavRishu Рік тому +2

    Amazing video sir, eagerly waiting for part 2 or even part 3 of micro cap investing 😃

  • @Yanaal2004
    @Yanaal2004 10 місяців тому +1

    Forensic accountant here, I graduated from Montfort university with a msc in forensic accounting currently working in Dubai and honestly speaking, this career is not fulfilling at all😅 but it sure does increase your stress levels, extended work hours and most importantly a limited career progression ( even as someone who has a cpa certification and cfe certified fraud examiner certification ) but in the end I am also grateful for everything

    • @summerbreeze5115
      @summerbreeze5115 6 місяців тому

      Can normal retail investors avoid such companies with crooks at the helm?

  • @awesomeawkward8457
    @awesomeawkward8457 Рік тому +1

    🕵️ gem of investment

  • @satysaty5291
    @satysaty5291 Рік тому +1

    Excellent

  • @TheCheckit96
    @TheCheckit96 Рік тому +1

    Outstanding !

  • @cameethdesai
    @cameethdesai 3 місяці тому +1

    Intro 🙌, Knowledge + Creativity = 💯

  • @naimafathima5016
    @naimafathima5016 Рік тому +1

    Another well curated video. I had to watch twice to understand the content being from non financial background. AI avatars looked too real!!

    • @shankarnath
      @shankarnath  Рік тому

      Thank you! Yes you are right, some follow-up on one's time will be needed to follow this video as it has accounting terms like written-down value & straight-line depreciation and others.

  • @commanderbharatkumarunercat
    @commanderbharatkumarunercat Рік тому +1

    Enriching video.

  • @maulikjain7357
    @maulikjain7357 Рік тому +1

    Excellent editing

  • @jadeedimoo5713
    @jadeedimoo5713 Рік тому +2

    Editor bhai sb🏆🏆🏆🏆🏆🏆🏆🏆🏆🏆🏆🏆📢🏆🏆🏆🏆💯💯💯💯💯💯💯💯💯💯💯💯

  • @jayaramans7398
    @jayaramans7398 Рік тому

    Thanks again for knowledgeable content sir. Please post video on how to backtest nifty index data for return calculation

    • @shankarnath
      @shankarnath  Рік тому

      Most welcome and thanks for the suggestion

  • @khznm2174
    @khznm2174 Рік тому

    Very good

  • @AD-iu2hr
    @AD-iu2hr Рік тому +1

    Awesome video ❤

  • @Tanishq679
    @Tanishq679 26 днів тому +1

    Top notch content and creator 👍

  • @nabeelyahiya
    @nabeelyahiya Рік тому +1

    Good video❤

  • @sunils8419
    @sunils8419 Рік тому +1

    Lovely

  • @vinayentc
    @vinayentc Рік тому

    Super video... good editing

  • @abcdabcdoops
    @abcdabcdoops Рік тому +1

    😂 I was telling myself my eyes need new glasses. Then I realized what was happening. Clever 👍

  • @kirangowdan7478
    @kirangowdan7478 Рік тому +1

    Nice video
    Just like rahul dravid ur subscribers slowly nd consistently increase in fee days it ll reach 1lk then 10lk
    Good luck

    • @shankarnath
      @shankarnath  Рік тому

      Thanks. Yes, I actually like it that way because this can then develop into a community of like-minded individuals.

    • @kirangowdan7478
      @kirangowdan7478 Рік тому +1

      @@shankarnath 👍

  • @Lakshman6011
    @Lakshman6011 Рік тому +1

    Your content doesn’t deserve to be freely available…. I’m sure it will turn to paid content in a while…. This channel is a gold mine of information.

    • @shankarnath
      @shankarnath  Рік тому

      Thanks. I sincerely hope people will see value in paying for good research & information .. and I'm quite proud that 122 Super Thanks have been received till date without asking for it. Interestingly, I have a feeling SEBI might play a hand aswell by requiring finance content creators to move away from public platforms and hiding most of it behind a paywall (ergo, the content is not available to public at large); I'm keenly awaiting the SEBI order on finance content creators, its expected within a month.

  • @abhishekroychoudhury9693
    @abhishekroychoudhury9693 Рік тому

    Could you make video on how to get hold of such frauds? Thanks in advance.

    • @shankarnath
      @shankarnath  Рік тому

      Thanks for the suggestion. Since there is no one generic way of doing (as is never the case with fraud), the detection requires some of the ways I've mentioned in this video aswell:
      1. receivables v sales
      2. corporate announcements
      3. filings to exchange
      4. auditors report
      5. CFO v EBITDA
      6. scuttlebutt
      7. comparison analysis

  • @pradeepdadlani2414
    @pradeepdadlani2414 Рік тому

    Thanx.

  • @intzarhussainsihol1861
    @intzarhussainsihol1861 Рік тому +1

    masks were great sir... good knowledge

  • @sunilgummalla5145
    @sunilgummalla5145 Рік тому +3

    Awesome content creation to make your viewer stay on the video😂

  • @arshivarvariya571
    @arshivarvariya571 Рік тому

    Sir, also make on how to understand balance sheet, annual report

  • @adityakapoor001
    @adityakapoor001 Рік тому

    I do CFO to Ebita at least 0.8 or more

  • @mallikarjun2030
    @mallikarjun2030 Рік тому +5

    Suddenly yu looked like ambani. I got confused sir 😊

  • @chetan_l
    @chetan_l 11 місяців тому +1

    "I sincerely hope you find this video to be useful" is an absolutely useless statement 😂
    Every single video and every single piece of knowledge you share is of immense value.
    Missing your videos. Hope you are recovering fast. Take care

  • @sumeetsheokand8886
    @sumeetsheokand8886 Рік тому

    make big videos
    sir please

  • @Dr_Anaes
    @Dr_Anaes Рік тому

    👍👍👍👍🎉🎉🎉🎉🎉

  • @mainakganguli
    @mainakganguli Рік тому

    Shankar You might get hijacked by PMS and MF guys be safe keep creating such content.

  • @summerbreeze5115
    @summerbreeze5115 Рік тому

    That makes individual stock picking infinitely hard😢

  • @rajshrivastav8690
    @rajshrivastav8690 Рік тому

    🤣🤣🤣 watta beginning

  • @focus15624
    @focus15624 Рік тому +1

    Make video in Hindi plz. English is a barrier for thousands of us. Continuous listening to English is a pain and we loose interest. Though few may argu that English is a good choice, but I think Hindi will give us more comfortabelity. Advantage of Hindi is we do not have to give an extra effort to understand ur videos.

    • @shankarnath
      @shankarnath  Рік тому +1

      Thanks for the suggestion

    • @sharathv4527
      @sharathv4527 3 місяці тому

      Please never make Hindi content. It’s already difficult to find English content on Indian youtube space. Hindi is a barrier for millions of us Shankar anna.