This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice ( for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

SEC chief accountant warns against mischief in non-GAAP reporting

  • United States Image

May 03, 2018

On May 3, 2018, Accounting Today published an article on how Wesley Bricker, the chief accountant at the Securities and Exchange Commission (SEC), cautioned an audience of accountants against any mischief with non-GAAP financial measures.

Mr. Bricker told the attendees at Baruch College’s Financial Reporting Conference in New York: “With non-GAAP and other disclosures, our rules require that companies must have disclosure controls and procedures, which typically would include appropriate governance practices regarding the measures and policies and controls that prevent error, manipulation, or mischief with the numbers, including a policy that addresses how any changes in the non-GAAP measure will be reported and how corrections of errors will be evaluated”.

Review the full article on Accounting Today's website.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.