Valens Research – UAFRS vs As Reported Weekly Highlights – October 11, 2017
October 16, 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
Apple Inc. (AAPL)
Excess Cash Distortion
Alphabet Inc. (GOOGL)
R&D Expense Distortion
The Procter & Gamble Company (PG)
Goodwill Distortion
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