3 ms·
I was under the impression American companies already have to maintain 2 sets of books anyways. After all, the IRS doesn't use GAAP.
by username332211 3y ago
I was under the impression American companies already have to maintain 2 sets of books anyways.
After all, the IRS doesn't use GAAP.
- ghaff 3y agoIt's probably more than that. You have external GAAP, non-GGAP, constant currency vs. non-constant currency metrics, all sorts of internal accounting measures. With larger companies it's complicated. (Smaller companies it's more about cash flow even if they consider taxes as well.)