MI233: Understanding Stock Prices vs Company Value w/ Brian Feroldi
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Gap Accounting
Gap accounting is essentially a set of commonly adopted accounting principles, standards, and procedures that accountants have to follow in the United States. Gap accounting works very well for a certain subset of companies and traditional businesses, especially those that manufacture physical goods. Non-gap accounting gives management teams a lot of leeway with how they do things which can make results between one company and another non-comparable.
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