What is quality of earnings

What is covered in a Quality of Earnings (QoE) Close to an audit of a private company. You want to see messy private company financials in a clean format that is according to Generally Accepted Accounting Principles (GAAP). QoEs also allow lenders and investors to evaluate the business quickly. Proof of Cash - reconcile the bank statements to financials, the taxes nd business financials. You cannot spend profit. You cannot spend EBITDA. You can only spend Cash! -- Guardian leverages deal experts to help business buyers execute great deals and kick bad ones out. Find our more about our services at www.GuardianDueDiligence.com/services