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A Roadmap to Non-GAAP Financial Measures

Published on: Nov 10, 2017

This Roadmap is intended to help registrants assess the appropriateness of their non-GAAP measures. It combines the SEC’s guidance on non-GAAP measures with Deloitte’s interpretations and examples in a comprehensive, reader-friendly format.

The 2017 edition of the Roadmap features the following:

  • Updated discussions and examples of common themes identified by the SEC staff in comment letters and public statements.
  • Recent developments related to non-GAAP measures on topics such as:
    • The prominence of such measures.
    • Disclosures, including those related to the purpose and use of the measures.
    • Considerations related to the presentation of certain adjustments. 
    • The labeling of non-GAAP measures.
    • Controls over non-GAAP reporting.
  • New and updated appendixes featuring:
    • An example of a non-GAAP disclosure policy and procedures.
    • Updated examples of SEC comments from completed SEC staff reviews.  


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