Interview Question

Interview Florham Park, NJ

Questions weren't difficult but they're looking for the

  right person and the right cultural fit. Explain differences between GAAP and non-GAAP Accounting and the recent legalities surrounding depreciation and carried-interest loophole.

Interview Answer

1 Answer


A “non-GAAP financial measure” is defined as a numerical measure of a reporting company’s historical or future financial performance, financial position or cash flows that excludes or includes amounts that are included or excluded, as the case may be, from the most directly comparable financial measure calculated and presented under GAAP in the company’s financial statements. However, the term excludes operating and statistical measures, as well as ratios or statistical measures calculated exclusively using GAAP financial measures or operating or other measures that are not non-GAAP financial measures.

chris on Jun 18, 2013

Add Answers or Comments

To comment on this, Sign In or Sign Up.