Lipstick on a pig

As The Wall Street Journal says, “In these days of alternative facts, some companies are pushing alternative accounting.” “Watch Out for ‘Tailored’ Results,” The Wall Street Journal, February 24, 2017 B12.

When a company departs from the usual way of reporting something (watch for “non-GAAP”), it may not be to provide you deeper insight.  But you knew that.

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Filed under Accuracy, Analytics, Board, Communications, Compliance, Compliance, Corporation, Data quality, Directors, Duty, Governance, Inform market, Inform shareholders, Investor relations, Oversight, Oversight

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