Valens Research – UAFRS vs As Reported Weekly Highlights – November 28, 2018
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
Workday, Inc. (WDAY)
Stock Option Expense Distortion
ACI Worldwide, Inc. (ACIW)
Operating Lease Expense Distortion
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