June 21, 2017

UAFRS vs As-Reported Weekly Highlights for June 21, 2017


Each week, Valens focuses on several companies that were analyzed in the prior week, where material distortions caused by as-reported GAAP accounting need to be corrected to understand a company’s economic fundamentals.

Company Specific Highlights & Insights

Intuit Inc. (INTU)
R&D Expense Distortion

American Tower Corporation (AMT)
Acquisition Intangibles Distortion

Best Buy Co., Inc. (BBY)
Operating Lease Expense Adjustment

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