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Red Flags in the Analysis of Income Statements

The Legal Intelligencer

September 26, 2012

Financial analysis is a complex and broad topic, so much so that books have been written solely on the subject. In this post, I highlight sample red flags that can be identified on an income statement. Attorneys often don?t need to understand all of the issues or answers when it comes to financial analysis of income statements; rather, they need to know how to identify red flags and what questions can be used to obtain additional information.

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