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Author: Steven C. Fustolo
Description: Furthering the scrutiny and mistrust of GAAP earnings, more analysts and investors are focusing on cash flow, working capital, and other financial measures other than accrual basis income in evaluating a company's financial performance. With the confusion over GAAP, third parties are focusing on additional measures that they understand, such as cash flow. This course will review some of these measurements including cash flow, working capital, core earnings, and revenue recognition. A few of the obvious reporting problems that have been announced by the SEC and the financial press. including restatements and underfunding of pension plans, will also be covered. |
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