Remove Business Model Remove Development Remove Finance Remove GAAP
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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

Digital companies, however, consider scientists’ and software workers’ and product development teams’ time to be the company’s most valuable resource. This notion, that risk is a desirable feature, can seem like sacrilege to anyone who’s taken an introductory finance course.

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A Blueprint for Digital Companies’ Financial Reporting

Harvard Business Review

The level and trend of a company’s top-line metric is an advance indicator of the success of its business model. Currently, firms’ first report net profits and then back out many of these one-time items to present a non-GAAP (Generally Accepted Accounting Principles) profit number.

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