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Friday Footnotes: An Outsourcing Shortage Now Too?; Finally, Some Disruption; PwC Haters Celebrate Government Inquiry | 3.17.23

Going Concern

So that’s not a scripted set of results, yet it is known prior to the event, and gambling is legal on the Oscars. We’ll allow gambling on it for a certain amount of time, then we’ll turn the gambling off. We’ll allow gambling on it for a certain amount of time, then we’ll turn the gambling off.

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Different Types of Accounting Methods (And How to Choose the Right One for Your Business)

Analytix Finance & Accounting

Your accounting method provides the financial reality that informs these decisions. But if you make them based on misleading numbers, you’re essentially gambling with your business. Starting with accrual accounting means you won’t need a costly financial restatement down the road. Hire that expensive expert?

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[05/10/21] Non-GAAP Earnings -Wishful Thinking or Real Profits

Baruch Lev

billion, were almost identical to same – quarter a year earlier, but GAAP (generally accepted accounting principles) earnings—a loss per share of 49 cents—tumbled 126% from a year earlier. On April 30, 2021, the Clorox Co. reported its financials for the quarter ended in March 31: Sales, $1.78