Remove GAAP Remove Human Resources Remove Innovation Remove Technology

Why We Need to Update Financial Reporting for the Digital Era

Harvard Business

Since then, we interviewed several chief financial officers (CFOs) of leading technology companies and senior analysts of investment banks who follow technology companies. Financial capital is assumed to be virtually unlimited, while certain types of human capital are in short supply. Digital companies, however, consider scientists’ and software workers’ and product development teams’ time to be the company’s most valuable resource.

GAAP 35