META Lesson 2: Accounting Inconsistencies and Consequences
Musings on Markets
NOVEMBER 10, 2022
Accounting 101 I am not an accountant, and have no desire to be one, but I have used their output (accounting statements) as raw material in valuation and corporate finance. That skewing can affect valuation and pricing judgments about these firms, and correcting accounting inconsistencies is a key step towards leveling the playing field.
74 
Let's personalize your content