Question
Under IFRS, what is the key expectation when a company presents alternative performance metrics?
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Answer
GAAP measures must still receive prominence.
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Question
Why should an analyst compare pro forma earnings with GAAP earnings over multiple periods?
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Answer
To see whether adjustments persistently inflate reported performance.
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Question
Why is excluding restructuring charges every year a reporting-quality warning sign?
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Answer
A recurring exclusion suggests an ordinary business cost, not one-time.
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