Facebook Praised For Minding The GAAP
WWW.ALLFACEBOOK.COM - The biggest surprise about Facebook’s initial public offering prospectus to some in the accounting and finance communities was that there were no big surprises.Writing for Forbes’ The Street, Gary Weiss praised the social network — and cited others doing so as well –for sticking to generally accepted accounting principles, and not using non-GAAP metrics to tweak the numbers into something…
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