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Business, 22.06.2021 23:10 PlzNoToxicBan

The primary purpose of non-GAAP disclosures is to: Provide investors a set of financial statements and disclosures ahead of GAAP reports included within 10Q and 10Ks. Modify GAAP to provide a more comprehensive detail of income and expense categories. Modify GAAP to better align the reporting of performance with how investors want to see the data. Modify GAAP to make it easier for investors to reconcile GAAP measures of profit to cash flow measures of profit.

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