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Strategies & Market Trends : Three Amigos Stock Thread

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To: milesofstyles who wrote (7196)	7/26/1998 9:44:00 PM
From: Sergio H	Read Replies (1) of 29382

Miles, the laws allow leeway. Accounting principles provide alternatives beyond choosing to depreciate or not to depreciate. These alternatives are legal but the reporting must be consistent throughout the report. In your example, Co's A, B and C chose 3 different methods to account for an acquisition. A careful look at the balance sheet would indicate what method was used and what benefit was derived from using the particular method. In your initial discussion with Joe, I believe that the topic was slightly different and it concerned intangibles that can not be found on the balance sheet. Thank you for posting your tools. I am not familiar with how to make use of them. Sergio

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