By Ethan Rouen, includes “… By definition, employees are not assets since companies do not have control over them. Workers must convert raw materials – be they commodities or blank computer screens – into finished inventory to be paid, but if these workers want to quit, they can take their skills and training with them. … GAAP is an outdated and inadequate tool for documenting the behaviors of the modern corporation.”
Read the full article on: Harvard Business Review