September 24, 2019
CFO.com published an article authored by Drew Bernstein, Co-Managing Partner, MarcumBP regarding the crisis non-GAAP reporting is causing investors and pre-IPO companies.
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Petikan:
“As high-profile “unicorn” companies have transitioned to become public while still running sizable accounting losses, the definitions and exclusions used to redefine profitability have become elaborate confections.”