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EBITDA is commonly used to assess financial health and evaluate investment decisions. However, sometimes this metric overstates a company’s true performance, ability to service debt, and value. That is why internal and external stakeholders should exercise caution when reviewing EBITDA. History of EBITDA The market’s preoccupation with...

A staple in retirement planning is the search for ‘your number.’ That is, how much money do you need to accumulate in savings and investment accounts so you can afford to stop working? Life expectancy is increasing, so the amount you have when you retire...

Auditor independence is still a hot topic among investors and lenders even though the financial crisis of 2008 was nine years ago. Here is an overview of the independence guidance from the Securities and Exchange Commission (SEC). These rules apply specifically to public companies, but...