The proposals represent "a game changer in the comparability and usefulness of financial statements," said IASB Chair Hans Hoogervorst.
Here are eight critical considerations for combating the creativity crisis in accounting.
Aggressive use of non-GAAP numbers is creating a crisis in how investors, analysts, and the media report financial performance and value companies.
Five years after GT Advanced Technologies went bankrupt, the company and its ex-CEO, facing overwhelming evidence, cop to SEC allegations.
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.
Some findings seem to support allegations that companies are practicing "earnings management."
The big data storage provider still sells mostly hardware but positions itself as a key player in a "hybrid cloud" world.
A survey from BDO said corporate directors are reevaluating launching new businesses as they conduct reviews of their firms' total tax liabilities.
Not only companies but also stock analysts and earnings-data clearinghouses are linked to the deception.
If oil prices remain at current levels, at some point bond investors may no longer be willing to support the shrinking enterprise.
As the use of free cash flow as a guiding metric grows, researchers seek a solid definition for the term.
The Center for Audit Quality recommends best practices and discussion topics for non-GAAP presentations.
