Irregular accounting periods for valuation 2015 FY, 2016 (16 months), 2017 FY
Hi all, I just wanted to check if any of you have experienced a similar thing. My reporting periods are 2015, 2016 (16 months) and 2017 in the published reports of the private company that I am valuing.
The reason for the 16 months in 2016 is because the financial year changed.
It means I have to apply adjustments to get to the true 2016 figures. Is any of this familiar and any tips on how to beat about it? Makes my valuation and analysis tough!
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