SEC moves to identify 'high-quality' non-GAAP measures

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Dec 12, 2016

On December 12, 2016, Accounting Today released a summary of the panel discussion at the December 2016 AICPA conference on current SEC and PCAOB developments, which was put together by Christine Davine, deputy managing partner of Deloitte & Touche LLP’s National Office, to get the perspectives of various types of constituents on non-GAAP metrics.

In the article, Devine mentions that one of the key takeaways from the panel, it’s that non-GAAP measures are not prohibited and that you're allowed to use them. Also, investors and analysts and registrants find quite a bit of value in non-GAAP measures, but they need to be high quality.

Review the article on Accounting Today's website.

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