Differing Results

October 2001
Financial Executive;Oct2001, Vol. 17 Issue 7, p12
Academic Journal
This article discusses the debate on pro forma earnings in various firms. Computer Associates Inc. (CA), a software firm, reported a 61 percent jump in net income for the second quarter, using pro forma results. However, using generally accepted accounting principles, the firm lost money. The company maintains that pro forma is more accurate.


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