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Business Insights From Conway MacKenzie
May 22, 2014

Distinguishing Quality of Earnings From the World According to GAAP

Whatever the reason for its commission, Quality of Earnings must be distinguished from GAAP accounting. A common misconception is that an audit can be performed in lieu of a Quality of Earnings analysis or vice versa. Though an audit can be helpful in determining the reasonable values of balance sheet accounts, it is fairly mutually […]

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