What is GAAP? | GAAP Vs Non GAAP EXPLAINED

[@BrianFeroldiYT]

Hope you enjoyed the video! If you are confused by anything you heard, Brian and I are launching a LIVE course on how to read financial statements. Interested? Details found here: maven.com/brian-feroldi/

[@vishalkarna3763]

One of the finest explanation on gaap and non gaap. Thank you.

[@BrianFeroldiYT]

Glad it was helpful! Have you seen our newer version of this?

[@frankfigueroa8591]

Great job guys! Very informative and you all did an amazing job explaining it. As a current teacher, I give this an A+ presentation.

[@richardeckersley28]

Brilliant…absolutely crystallised my thinking on GAAP/Non GAAP…thanks, I’m now a follower and liked 👍 the content.

[@golino4593]

Great explanation. Thanks for that.

[@pronoidkim2712]

You guys deserve more subscribers 👏 thanks for this video

[@BrianFeroldiYT]

Wow, thank you! We're trying!

[@BlindTakes]

Love you guys, keep this type of content coming!

[@stockinvest447]

Brilliant guys! Thank you so much for this high quality content!

[@BrianFeroldiYT]

Thanks for watching StockInvest!

[@Nick-kf2vt]

Great video guys, thanks!

[@BrianFeroldiYT]

Glad you enjoyed it Nick!

[@CieloGotCash]

best channel on youtube💪🏽💪🏽💪🏽👑👑👑👑

[@BrianFeroldiYT]

😃😃😃

[@Mikesadventures-m2q]

Thanks for sharing. I never understood before.

[@BrianFeroldiYT]

Happy to help Mike!

[@alexferdin]

Thanks guys, super important video.

[@BrianFeroldiYT]

Glad you liked it Alex!!

[@yippeekiyaymfs]

Thank you for this gem drop

[@BrianFeroldiYT]

Glad you enjoyed it!

[@rai4241]

Very nice - Good Job guys -Keep up with the good work

[@BrianFeroldiYT]

Thank you very much Ray!

[@cleon4]

Thanks for this guys! Going to re-suggest that you either get rid of the bottom banner with the Twitter handles or make it take up less screen space. As a viewer, I would rather see the full screen. It's also redundant because you have the handles above your images. My two cents.

[@BrianFeroldiYT]

Thanks for the feedback Cesar!

[@youmasontube]

Here from MF. Such valuable information, thank you.

[@crispy_bagel693]

On the Walmart example, why would a debt repayment affect earnings?

[@joofbing]

If only my accounting professor could teach like this 😅

[@elhamnazari5653]

Thank you for the video!❤️ I have a question. Is there any certification based on that I can show that I have a good knowledge of GAAP?

[@MrAfricanpilot]

Great video

[@SilentEire]

I think both should always be used. It’s great to have the standards, so as to make things more uniform and prevent companies from fudging their numbers. But it’s important to recognise that each business can also have unique factors that aren’t accounted for by GAAP

[@BrianFeroldiYT]

100% -- it's better to build a mosaic than look at 1 thing

[@garrettdunnavant3241]

I understand disregarding depreciation and amortization. What about ignoring stock-based compensation? I would perceive that as diluting the value of my stock, even though there is no real effect on cash flow.

[@BrianFeroldiYT]

As we said, there's a debate! Some people say it is a cost. Others say it's accounted for in the growth of the share count. We are not here to debate that, we just wanted to explain the differences!

[@gabriellamarias3837]

me gustaría que los subtítulos estuvieran en español 😥

[@BrianFeroldiYT]

Accounting can be a wonky subject. If you enjoyed this, you'll enjoy our video on balance sheet: kzbin.info/www/bejne/l2msaqWtZ62Jhbc

[@Bored4280]

I like how americans are practical in their explanations. Especially you guys.

[@BrianFeroldiYT]

Thanks!

[@adhamchazbek6516]

terrific video guys! still not entirely sure why autodesk got 740 million back in income tax in Q1 of last year, if they dont get that unusually large amount back in q1 of this year would that not in turn increase their trailing PE to 90?

[@BrianFeroldiYT]

Thanks Adham! Check out their forward non-gaap p/e. That's a better reflection of their valuation.

[@josephstapf]

I see you changing up the thumbnail strategy 👀

[@BrianFeroldiYT]

We are willing to experiment!

[@josephstapf]

@@BrianFeroldiYT I like it! Great content as always.

[@navehbh]

You have Linus voice and it's kinda freaked me out

[@nickname8668]

So basically Non-GAAP is companies trying to find a way to polish up their financial repoort, LOL

[@BrianFeroldiYT]

In some cases! Some investors hate non-gaap earnings. They are not good or bad -- you just need to know when they are useful and when they aren't

[@nickname8668]

@@BrianFeroldiYT Thanks for the explanation!

[@hatem0]

Tooooo many videos you post. At first I put alarm for notifications, but I keep getting alarms.

[@BrianFeroldiYT]

Thanks for the feedback Hatem. We post ~4x/week (2 recaps, 1 long-live stream, 1 investing lesson). We get that's a lot!

[@joseparra8233]

Share based compensation is not a cash charge? You have to be kidding us 😂

[@BrianFeroldiYT]

Ummm….its not. This isn’t controversial.

[@aa40]

GAAP? The whole world uses IFRS