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 an entity’s financial statements remain GAAP compliant and are not misleading.
Course Publication Date:
March 12, 2024
This course is available with
NO ADDITIONAL FEE if you have an active
self study membership or
all access membership or can be purchased for
$25.00!
| Author: | Kelen Camehl |
| Course No: | ACT-NGAAP-8274 |
| Recommended CPE: | 2.50 |
| Delivery Method: | QAS Self Study |
| Level of Knowledge: | Overview |
| Prerequisites: | None |
| Advanced Preparation: | None |
| Recommended Field of Study: | Accounting
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Learning Objectives
- Differentiate between a GAAP financial measure and a non-GAAP financial measure.
- Recognize examples of different types of non-GAAP financial measures.
- Identify which SEC guidance is applicable to different types of non-GAAP financial measures.
- Recognize disclosures within the scope of Regulation G.
- Identify key requirements included within both Regulation G and Regulation S-K related to these measures.