Question: do i use amazon for the references - Company Selection I have selected Amazon, a publicly traded company known for its comprehensive financial disclosures, including

do i use amazon for the references - Company Selection I have selected Amazon, a publicly traded company known for its comprehensive financial disclosures, including both GAAP and non-GAAP earnings. Over the past 36 months, Amazon has consistently reported these metrics, making it an ideal candidate for evaluating the quality of earnings. Analysis of Accounting Policy A critical accounting policy to examine is Amazon's revenue recognition. Amazon recognizes revenue when control of goods or services is transferred to the customer, aligning with GAAP standards. This policy impacts reported earnings and reflects adherence to accounting principles. However, Amazon also reports non-GAAP measures such as "free cash flow," which can obscure true economic performance. While these measures provide additional insights, they require careful scrutiny to ensure they do not mislead stakeholders. Quality Assessment Amazon's revenue recognition policy reflects a medium to high quality of accounting. The company's adherence to GAAP ensures a reliable representation of its financial performance. However, the frequent use of non-GAAP metrics necessitates caution. To enhance transparency, Amazon could provide more detailed reconciliations between GAAP and non-GAAP measures

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