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Mary Jo White

U.S. Corporations Increasingly Adjust to Mind the GAAP

The use of figures that exclude certain items is becoming more prominent in corporate filings
Original publication date: 
Monday, December 14, 2015 - 20:28

A financial obfuscation of the dot-com era is making a comeback: Hundreds of U.S. companies are trumpeting adjusted net income, adjusted sales and “adjusted Ebitda.”

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