Quote:
| Originally Posted by FailingEnterpriseAdmin "...but the company still abides by GAAP principles and rules."
Uh, wasn't accounting funkiness one of the major contributors to Enterprise's decision to cancel their attempt to go public just a few years ago?
Just asking. |
Nope, some depreciation methods were changed to make a few potential investors happy and to better match industry standards but that specific issue did not drive the decision to not go public.