Valens Research – UAFRS vs As Reported Weekly Highlights – July 17, 2019
July 21, 2019
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
Microsoft Corporation (MSFT)
Cirrus Logic, Inc. (CRUS)
R&D Expense Distortion