SEC Top Focus Areas: Non GAAP Financial Measures ON DEMAND

Overview

This course provides an overview of non-GAAP financial measures with a particular emphasis on comments from the SEC, the FASB, as well as comment letter analysis from several of the Big 4 accounting firms. Non-GAAP financial measures continue to rank at the top of the most frequent comment letters issued by the SEC. As a result, it’s important to understand the guidance with respect to these measures to ensure that a company’s financial statements remain GAAP compliant and are not misleading.

Highlights

Non-GAAP financial measures.

Prerequisites

None.

Designed For

CPAs and accountants.

Objectives

Distinguish between a GAAP and a non-GAAP financial measure. Recognize examples of different types of non-GAAP financial measures. Identify SEC guidance applicable to types of non-GAAP financial measures. Recognize disclosures within the scope of Regulation G and Regulation S-K.

Preparation

None.

Notice

None.