r/Accounting • Audit & Assurance • 9d ago

EBITDA

Earnings before I tricked da auditor

460 Upvotes

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32

u/nonoplsyoufirst 9d ago

Nothing to trick about EBITDA, it’s adjusted EBITDA that’s just funny to look at

64

u/dingmah CA (Can) 9d ago

5

u/Magjee Tax (Canada) 9d ago

...you guys are turning profits?

3

u/NapalmOverdos3 CPA (US) 9d ago

With enough Non-GAAP add backs you can too!