What will you learn in this Course?

This workshop will teach you

  1. How to detect accounting frauds in the company’s financial statements?
  2. How to assess the management of the company?

The workshop will use live case studies of Indian companies and equip you with the tools and techniques to save yourself from losing money due to corporate governance issues.

Course curriculum

  • 1

    Start the Workshop

    • 1. Let's start with a quick Case Study

  • 2

    How to detect Accounting Frauds

    • 2. Begin from the Annual Report

    • 3. Common techniques to detect Accounting Frauds

    • 4. Power of comparing with peers

    • 5. Case Study – How you could have avoided Yes Bank in 2017 itself?

    • 6. When Corporate Finance dept works the hardest

    • 7. Who thinks MNC managements are honest and clean?

    • 8. Unrelated Diversification

    • 9. Tax Incidence

  • 3

    Management Assessment

    • 10. What difference does management make?

    • 11. Most important tool of the Workshop

    • 12. Tools used by Promoters to cheat minority Investors

    • 13. Management Remuneration

    • 14. What they claim Vs what is the Reality?

  • 4

    Putting it all togerther

    • 15. Putting it all together || Case – McCleod Russel

    • 16. Let us summarize

  • 5

    Homework - Case Studies

    • 17. Case Study - IRB Infra

    • 18. Case Study - Expleo Solutions

    • 19. Bonus Section


  • Who should attend the workshop?

    Any investor who wants to avoid mistakes of investing in bad companies/fraud managements

  • What will I learn from the workshop?

    A systematic way to detect accounting frauds in companies How to analyze the “management quality”

  • What is the learning methodology?

    Case Studies – Live Indian examples I believe theory useless. unless one practices it regularly. Unless one really gets their hands dirty, one does not learn. The workshop will discuss specific Indian case studies and derive the general principles of detecting financial fraud and corporate governance issues. When you discover the methods and means of corporate mis-governance in specific cases, you will walk away with a system to quickly detect corporate governance issues in any company you analyze

  • Is there a pre-requisite? Should I have studied accounting in school?

    Accounting is the language of business. Without the knowledge of accounting, one cannot imagine detecting financial fraud. However, only the most basic concepts in accounting are required to become a good investor. To attend this workshop, one need not have studied accounting in school. We will cover the basics in the workshop. Also, one can learn enough accounting by just reading annual reports and a little bit of google search.

  • What should I read before attending the workshop?

    You may want to brush-up your basics of accounting. The best source to do this is read Section 1 of