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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. So, investors, and therefore managers, might be adjusting their approach to risk accordingly. Analysts increasingly rely on non-GAAP metrics.

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A Blueprint for Digital Companies’ Financial Reporting

Harvard Business Review

The company’s first revenues indicate the acceptance of its product or services by customers. Those outlays could be on soft avenues, such as customer acquisition, data breach and safety, regulatory fines, and product enhancement, or on hard assets, such as hardware, servers, and cellphone towers.

Report 8
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On Creative Accounting: Two Creativity Myths

Harvard Business Review

Say that in a roomful of managers, and you get nervous laughter. An idea, behavior, or product is creative if it is both novel and appropriate to some goal. As long as the new ideas cohere with ethical standards, and generally accepted accounting principles ( GAAP ), they can yield immense benefits. Except when it's good.

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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. Microsoft, for example, has a program called MyAnalytics that informs customers of its Office productivity software about how much time they spend on various tasks, and the size and strength of their communications networks.

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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 the allocation of corporate talent and efforts (away from productive uses and toward rent-seeking). Consider the ratio of transport costs to product value for a steel bar, an automobile, a semiconductor chip and a piece of software.