Accounting Articles and Guides
TickerPosts guides and articles tagged accounting. Plain-English, calm, and written for everyday investors. 7 posts.
Research Paper Proposes an Accounting-Adjusted Way to Read CAPE
A working paper argues that R&D expensing and special items may distort historical CAPE comparisons, and proposes a historically comparable alternative.
· 2 min read
How R&D Expensing and Special Items Can Change CAPE's Earnings Base
Accounting rules shape reported earnings. See why more R&D spending or repeated special charges can affect a long-run price-earnings comparison.
· 2 min read
CAPE-H Explained: What the Proposed Accounting Adjustments Change
A plain-English guide to CAPE-H, the research measure that adjusts for R&D expense and special items—and to the assumptions it leaves open.
· 2 min read
Adjusted Earnings: What to Check Before Excluding Special Items
“One-time” charges can repeat. Compare adjusted profit with GAAP results, review the reconciliation and track exclusions across periods.
· 1 min read
CAPE, Accounting and Long-Term Stock Returns: A Plain-English Pillar Guide
A guide to the Shiller CAPE ratio, reported earnings, the proposed CAPE-H adjustment and the limits of long-term return forecasts.
· 2 min read
Depreciation and Amortization Explained for Stock Investors
Depreciation and amortization are non-cash expenses that affect earnings, EBITDA, asset values, and cash-flow interpretation.
· 2 min read
Goodwill and Impairment Explained for Stock Investors
Goodwill appears after acquisitions and impairment charges can signal that a past deal is worth less than expected.
· 2 min read