Accounting and Audits
In Tesla's Q2 report, traditional financial measures gain new prominenceThu, 04, Aug 2016
When Tesla reported second-quarter earnings on Wednesday, there was a notable twist to the financial report. It wasn't just that the company failed to hit analysts' estimates again but that it emphasized conventional financial measures. In every report since 2012, it has discussed its so-called adjusted figures before those that complied with Generally Accepted Accounting Principles, known as GAAP.