compliance and disclosure interpretations
SEC Intensifies Focus on Non-GAAP Metrics
While the number of comment letters the commission sends to filers has waned drastically, the proportion of letters focused on non-GAAP metrics has shot up.
SEC’s Non-GAAP Guidance Should Be Withdrawn
Sometimes, the commission’s metrics guidance works against the interests of financial-statement users, a capital markets expert says.
Effects of Latest Non-GAAP Guidance? Too Early to Tell
But the SEC should continue trying to boost transparency and comparability in reporting: CFA Institute official.
Square-Off: Are the SEC’s Non-GAAP Rules Too Strict?
There's an awful lot of gray area around the topic of what companies should or shouldn't do in their presentations of the unofficial metrics.