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Creative accounting impairs visibility for investors

Investors look for a true and fair picture and comparability in corporate disclosures. Creative accounting that adjusts EBITDA for everything that’s negative distorts the picture

February 24, 2023 / 09:45 IST
Creative accounting impairs visibility for investors

In this quarter’s filings the group added a footnote expanding the scope of what’s included under cash and cash equivalents. (Representative image)

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