Anthony Scilipoti
👤 SpeakerAppearances Over Time
Podcast Appearances
I have IFRS.
I have CPAP.
And the last is the objectives.
I want to sell my business this year.
And my business sells on EBITDA.
Buddy, I'll tell you how I'm going to account for it.
My business investors want free cash flow.
I'll tell you how we're going to account for it.
It's those three points.
When I teach accounting, I teach those three things.
I think that stock options, what they do, it comes down to human motivation.
So if I am going to compensate you on the stock price, then you're going to make decisions that move the stock price.
In my early classes when I teach, I always say that economy and economics reality is way over here.
As far as I can see with my hand,
And the accounting is way over there as far as I can go with my hand.
Because if, for example, you know, I'm going to take a very simple manufacturing company because everybody understands that.
We make pens.
We drive pens.
We're making a thousand pens an hour.
And I sell the pen.