Interview Question

Accenture Summer Analyst 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

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