Report Details Ubiquity of Non-GAAP Metrics
Some findings seem to support allegations that companies are practicing "earnings management."
Accounting Change Boosts Facebook’s Earnings
Facebook recorded a full-year "windfall" of $934 million from a a change in the way companies account for stock payments to employees.
Bank Profits Increase in Strong Second Quarter
Results were "mostly positive," the FDIC said, with profits rising 1.4% and the number of problem banks falling to a 7-year low.