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A Blueprint for Digital Companies’ Financial Reporting

Harvard Business Review

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. Because investors consider these non-GAAP numbers to be value-relevant, we propose a more direct way for them to be calculated.

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How B2B Software Vendors Can Help Their Customers Benchmark

Harvard Business Review

One of its business units, Fieldglass, provides insights and benchmarks to customers on external workforce management. Imagine if all manufacturers had, for example, a supply chain efficiency score, or all companies had a leadership development score.

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The U.S. Corporate Tax Code Is Broken. How Should We Fix It?

Harvard Business Review

Richard Harvey, in earlier testimony, said that the company managed to avoid about $7.7 And, nothing could be more important to our economy than the efficient allocation of financial, real and human capital. Cook testified that the company paid "all the taxes we owe — every single dollar." And yet legal scholar J. Who is right?