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One important side effect of the ongoing trend toward globalization is the need to comply with a range of different accountingprinciples as well as with disparate reporting and compliance mandates. Parallel Ledgers - in which multiple ledgers are used, with an accountingprinciple applied to each ledger.
Valuations are a classic example of hole-filled financial reporting. History is riddled with companies that went public based on inflated valuations and false narratives. WeWork expected to offer shares to the public at a $47 billion valuation. If you want to build shareholder trust, start with the data.
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