Valens Research – UAFRS vs As Reported Weekly Highlights – September 6, 2017
September 11, 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
Finisar Corporation (FNSR)
R&D Expense Distortion
Alibaba Group Holding Limited (BABA)
Excess Cash Distortion
Accenture plc (ACN)
Operating Lease Distortion
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