Agoracom: Small Cap Investment - Electrovaya - Re: IFRS vrs GAAP - Nasdaq requires GAAP so a changeover had to be made. Restatements are not uncommon.

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IFRS vrs GAAP - Nasdaq requires GAAP so a changeover had to be made. Restatements are not uncommon.

Borelly

Jan 04, 2024 03:12PM

Re: IFRS vrs GAAP - Nasdaq requires GAAP so a changeover had to be made. Restatements are not uncommon.

LO_L8_NC

Jan 04, 2024 03:19PM

Borelly

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Re: IFRS vrs GAAP - Nasdaq requires GAAP so a changeover had to be made. Restatements are not uncommon.

in response to

Re: IFRS vrs GAAP - Nasdaq requires GAAP so a changeover had to be made. Restatements are not uncommon.

LO_L8_NC

posted on Jan 04, 2024 03:32PM

Interestingly, one source stated approximately 12% of companies have income restatements from the changeover.

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Re: IFRS vrs GAAP - Nasdaq requires GAAP so a changeover had to be made. Restatements are not uncommon.