United States

SEC Staff Warns about Non-GAAP Financial Measures

May 23, 2016
From the Financial Reporting View

This edition of Defining Issues reports that the SEC staff recently updated its guidance about how companies are allowed to use non-GAAP financial measures, and specifically listed prohibited practices.  The new guidance follows recent comments by the SEC chair and SEC staff warnings that enforcement action will be taken against companies that don’t comply with guidance outlining how a company must present non-GAAP financial measures.

Read SEC Staff Warns about Non-GAAP Financial Measures