Re:Show HN: Free 30-year financial statements visualization
by supertofu on Thursday April 28, 2022 @11:41AM
(#31193898)
Be the change you want to see in the world.
Re:Show HN: Free 30-year financial statements visualization
by Rocket89 on Thursday April 28, 2022 @06:33PM
(#31199065)
I mean.. the largest most liquid market in the world is the us equities market.. every foreign investor worth his salt (and his time) spends time researching and ultimately investing in us equities. Not to mention every country has their own accounting/financial disclosure laws so the data will inherently be untrustworthy. Hell even Canadian financials are hard to discern from the American pov given FFRS (or whatever the foreign reporting system is called).
Re:Show HN: Free 30-year financial statements visualization
by formerkrogemp on Friday April 29, 2022 @10:02AM
(#31205217)
IFRS is used in over 100 countries. Parts of it's implementation are left to the individual countries, but the US is the only country to use GAAP. Every country has some room for individual regulstion of the financial standards of course, but that doesn't make, say, dutch securities less inherently trustworthy than US securities because they don't report on a GAAP basis.
Any man and his dog can provide data for US companies, there's a whole world out there and its tiresome to constantly see these US-centric views of the financial wold.
Whilst I appreciate you might claim you're only doing it for launch or whatever, I'd still rather you launched with a wider perspective than just US.