United States

Non-GAAP Measures – Moving Towards Global Consistency

Jun 27, 2016
From the Financial Reporting View and the IFRS Institute

KPMG’s ISG recently published Non-GAAP Measures – Moving Towards Global Consistency, which addresses a recent statement by IOSCO to assist financial statement issuers in providing clear and useful non-GAAP disclosure for investors and other users of financial measures, and in reducing the risk of misleading non-GAAP measures. The statement further aligns IOSCO’s approach to non-GAAP measures with the 2015 guidelines about non-GAAP measures issued by the European Securities and Markets Authority.