Accounting analysis limitations
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What are accounting analysis limitations? How does this apply to Berkshire Hathaway?
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Solution Summary
The solution explains the limitations of accounting analysis.
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I think by accounting limitations what we mean is that how analysis of companies may be limited in usefulness duel to the way accounting handles the transactions.
The limitations would be
a. Accounting treatment of transactions - Different companies may record similar transactions differently depending on their interpretation and ...
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