Why cross referencing is a must
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Why cross referencing is a must
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Can a company hide millions in debt without telling asingle lie? One listed company reported massive capital shifts—including a ₹192 million borrowing—yet failed to provide a single cross-reference to the mandatory explanatory notes. Under Ind AS 1, this "scattering" of information is legally equivalent to omitting or misstating the data entirely. Is your annual report a clear map or a calculated scavenger hunt designed to obscure the truth? Discover how a simple missing link can dismantle a company’s entire financial integrity.
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