Tag Archives: financials

How’re you doin’?

July 14, 2016 Roy A. Ackerman, Ph.D., E.A. 2 Comments

I’ve w.adjuvancy.com/wordpress/19693-2/” target=”_blank”>bitched and moaned about the way public corporations manipulate the reporting of their financial information. Where they remove items they don’t feel is germane (like a division that failed; or the drag on earnings is removed), or decided that EBITDA (earnings before interest, taxes, depreciation and amortization), Adjusted Net Earnings, and/or Adjusted Sales should be the valid measures for their performance. Because their true performance is abysmal. ( I won’t even mention which firm tried to promote the indicator EBE- earnings before expenses; in other words, just gross sales for the firm.)

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Financials are just a blip in time…

February 1, 2013 Roy A. Ackerman, Ph.D., E.A. 5 Comments

I know most of you run your companies on a cash basis. Your gross is small enough that the IRS does not require you to run accrued financials, which are more difficult to maintain. But, it would behoove most firms to check their positions using accrued financials every once in a while.

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