How useful is pro forma versus gaap
Question: How useful is pro forma versus GAAP in evaluating:
a) recent financial performance
b) expectation of future earnings
c) credibility of management
d) quality of earnings
e) equity valuation
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How useful is pro forma versus GAAP in evaluating: a) recent financial performance b) expectation of future earnings
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Explain which appears to be the most effective means for coming to an understanding of managing the public organization.
Should all variances be researched? Favorable and unfavorable? What about a dollar limit?
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