Why We Need to Update Financial Reporting for the Digital Era
JUNE 8, 2018
Since then, we interviewed several chief financial officers (CFOs) of leading technology companies and senior analysts of investment banks who follow technology companies. As digital technology becomes more pervasive, more and more companies will present this sort of valuation challenge. Furthermore, the operating managers cannot take their eyes off day-to-day operations to focus on innovation. Analysts increasingly rely on non-GAAP metrics.