Red Flag Note- Autodesk, Inc. (ADSK)

Is it safe to go back in the water?

This is the second of our new Red Flag Note reports which take a quick look at points of concern we noticed after our first pass of screening SEC filings for earnings quality problems.

Given Autodesk’s ($ADSK’s) recent accounting-related problems, we wanted to weigh in on the delay of its 10-K filing and the reasons given. We also noted another item of concern after a first pass through the numbers.

As with all Red Flag Notes, we caution that this report does not represent a full earnings quality review of the company. We may perform more work on the ADSK and will follow up with any additional concerns.

Now, let’s get behind the numbers…

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