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Another good one is downplaying standard accounting practices in favor of "adjusted" metrics like WeWork's "Community Adjusted EBITDA".
by AlexandrB 3y ago
Another good one is downplaying standard accounting practices in favor of "adjusted" metrics like WeWork's "Community Adjusted EBITDA".
- majani 3y agoTo be fair, there are business models where GAAP doesn't give the full picture. I am currently running an online poker business and GAAP is quite inadequate there