1. 1. 1.1.Exhibits 1 and 2 provide sample earnings announcements and pro forma i

1. 1. 1.1.Exhibits
1 and 2 provide sample earnings announcements and pro forma information
released by Proxim and Cisco Systems.Do
you believe these disclosures are consistent with the spirit of the SEC
regulation or are they corporate abuses of financial disclosure?As CFO of these companies what would you
have reported in your earnings announcement for the respective period?What 2. what is the usefullness of the pro forma versus GAAP earnings disclosure found in Exhibits 1 and 2 with regards to evaluating a. recent financial performance b. expectations of future earnings c. credibility of management d. quality of earnings e. equity valuation1.
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