Alternative Performance Measures: A New Zealand user-needs survey

  • IFRS - IASB Image

Sep 25, 2017

In September 2017, the International Accounting Standards Board (IASB) released a survey summary by the External Reporting Board (XRB), which surveyed users of financial reports to find out whether they find Alternative Performance Measures (APMs) useful.

In the survey, 88.5% of respondents found APMs useful or sometimes useful and 68.7% of respondents stated that a company's performance measures should not be limited to GAAP measures.

Further, 56.3% of respondents said that they use both GAAP measures and APMs together as the primary indicators for assessing a company's performance.

Review the survey summary on the IASB's website and the full report on the XRB'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.