Microsoft Word peachtree case study

Normalization Adjustment Basis

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PEACHTREE-CASE-STUDY

Non‐Operating

Normalization Adjustment Basis
Assumes Full
Benefit of Control
Non‐Controlling
Interests Can Affect
Examples
Comparability
Non‐GAAP
YES
YES
Changing Cash to Accrual Basis of Accounting
Non‐Economic
YES
YES
Section 179 Deductions, Other Depreciation
Non‐Recurring
YES
YES
Floods, Fires, Accidents, Fixed Asset Sales, One‐
Time Contracts
Non‐Operating
YES
NO
Cars, Planes, Boats, Marketable Securities
Unrelated Income Producing Assets (e.g., Real
Estate), Other unrelated assets/liabilities
Discretionary
YES
NO
Salaries, Benefits, Employee Perquisites, (Automobile Expenses, Entertainment, Rent, Contributions,
Other Related Entity Transactions

Page 66 of 141 business would expect, adjustments were made to both the historical balance sheets and Income statements of the Company. The following balance sheet normalization adjustments were made and are summarized in the table below

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