Financial reporting: the alphabet soup

Financial reporting: the alphabet soup: "Posted by Mark Fuchs, Chief Accountant

Warning: Financial reporting minutiae below. Proceed with caution.

We're going to provide a bit more information with our October 20 earnings announcement. In this and future announcements, we're going to include a so-called pro-forma, or non-GAAP, diluted earnings per share (EPS) number as a supplement to our GAAP EPS number.

In the past, we've only provided GAAP EPS. But because Wall Street analysts typically estimate and describe our results with non-GAAP EPS numbers, that resulted in some confusing apples-to-oranges analyses of our results. (By the way, we review non-GAAP results when we analyze our own performance.) By providing both, we hope it will be easier to understand our results.

Now, if you’ve got your green eyeshade handy, read on. What follows is in accountant-speak.

Earnings per share is calculated by dividing profit (net income) by the number of outstanding shares. That's GAAP. To compute our non-GAAP EPS, we’ll add back to our net income things such as charges for stock-based compensation. (Before adding back stock-based compensation – or other certain charges – we’ll factor in related taxes. What does that mean? When we add back a charge, we subtract the tax benefit related to it that we would get under GAAP accounti"

Billionare College drop outs

This article is from rediff.. Which I found from Navins site.

This my view on that

This makes sense or not.. U know there is this thinking in many peoples mind. Most of the billionares are college drop-outs. Even forbes ran an article about this.

How far is it true. Of course this one really makes sense. When u talk abt the college drop outs we have to include people who had never been to the college too. But the ratio of people who make it big who goes to the college to those who doesnt goes to the college is always higher...look in to the billionares list and you can see that.. Now as we have Sergey and larry to the suit..

This is an interesting twist.. I am not a great believer of school unless you go to the institutions which really matters .. Read top colleges.. Its the people we are with makes all the difference than anything else...

25 ways to distinguish yourself

I found this tips from Mr Navin
So any credit from below is for him...

If you want to download the detailed version in pdf

01# Care as if its your own
02# Do your daily work with passion!
03# Build Strong Relationships
04# Dream Big
05# Set The Right Expectations
06# Ask For Help
07# Celebrate Small Victories
08# Set Higher Standards
09# Know Your Values
10# Pursue Right Memberships
11# Help People Help Themselves
12# Be a Reader
13# Plan by Outcomes
14# Think LongTerm
15# Embrace Uncertainity With Ease
16# Ask The Right Questions
17# Engage with a Coach
18# Be Relevant
19# Get Back On Your Feet Fast!
20# Lead A Volunteer Effort
21# Balance Innovation & Continuous Improvement
22# Learn to Sell
23# Learn Systems Thinking
24# Walk Away From Free
25# Influence the Influencers

How can a business make money.. How can u identigy successfull business

This is totally my views and I am not responsible for any after effects reading this blog..Vijay

Yep I am going to talk about investing. Given a chance which will be the areas people should look in to..

I always suggest that investment should be service driven. I am taking Ram Kavitark Shriram as as example.. He is having more than 5 million google shares in his kitty at any day worth more than 1.5 billion dollars....

He invested in google and its very intersting.. His portfolio companies are of wide variety ..

I am suggesting that you should invest in service oriented industry rather than musiness model assosiated with it.. People are having a keen intuition which tells that very few direct business models will survice read microsoft.

But service orinted is much better.. Google when started has a good service base but not business model.. That can be start later through brillliant people in hand.. So develop a product with good service and then look for the business model.

I cant explain more on this as everything I cant publish.. if u can mail me I can send some more ..

My first meeting with a VC

I am taking this Intertesing course this semester.. " Strategic Market Assesment of New Technologies " Needless to say the course was the best Enterpreneurship course offered in the USA..Gold medal winner

Yeah why i mention this is worthwhile.. I met with a Venture Capitalist .. The first meeting with a VC in my life.. This means a lot for who know how valuable the time of VC's are.. The guy I am talking about is Dr Fountain.. He is one hell of a guy who is doing Damn good job here.. I asked about his bacground.. He raised 7 comanies out of this 4 of them he took public.. This man really mean what he is talking...

The thing more fascinating for me is that He kind of liked me and sugested me some thing which I should really look in to.. He even told me that he will recommend my name for some pretty good internships.. What more a guy of my age can ask for.. Let us see.. what is coming up ..Stay tuned

Ebay buys out Skype

Dont wonder why.. This is from Mr John battelle. Does it seems to be a no brainer read below

The below words make sense to Ebay people too.. Your vision is very good ... Thats why they brough out skype..

" Now eBay buying Skype? You kidding me? Of course that makes sense. Who is the largest paid search advertiser in the world? eBay. (Or at least in the top three). Why? They are a *mature business* which has reached the stage of *paying well for acquiring customers.* Skype has tens of millions of potential customers, AND a way for folks who are buying and selling to talk to each other for free. But the first point is more important than the second, trust me. Think AOL and ICQ. No brainer "

Only God know what in the world is going to be It industry..

Watch it guys you see much more.. I heard speculation of Oracle buying Siebel,. How true is it..

Let us wait and see

Microsft Vs Google

Yes this was the topi of our discussion in Miami Beach. Being a hard coore Google fan there is no way that I am agreeing Microsoft is superior. Infact our discussion went from who is powerful at the point of time.

Yeah I agree Microsoft is a mammoth.No dought about it.With 280 billion dollars in the Taotal Cap , They can do that. But Google as a young price called by Mr John Battelle is worth what it is valued at 80 billion dollars.

I was telling him that the only company who can be in par with Big M is Big G.
Let us wait for few more years and see things coming up..

This is a list of project Google is rumoured to be in in

1. Internet through powerlines
2. Google wallet
3. 3d view on maps
4. Free internet back bone.

I see immense potentila in all these projects .. Let us wait and watch