Consider the decision by CFO James Koenig and Corporate Controller Thomas Hau to phase in the new

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Consider the decision by CFO James Koenig and Corporate Controller Thomas Hau to phase in the new method to capitalize interest expense over three years. Do you believe that this decision was in the best interests of the shareholders in the long run? Why or why not?
GAAP
Generally Accepted Accounting Principles (GAAP) is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC). While the SEC previously stated that it intends to move from U.S. GAAP to the International Financial Reporting Standards (IFRS), the...

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