Deloitte & Touche publication on non-GAAP financial measures

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06 Aug 2003

In January 2003, the SEC adopted new rules that address public companies' disclosure of financial information calculated and presented on the basis of methodologies other than GAAP (click for SEC Press Release).

A new disclosure regulation, Regulation G, requires companies to provide certain disclosure whenever they publicly disclose or release non-GAAP financial measures. In June 2003 the SEC staff released "FAQs" relating to the new rules (see links in our News Story of 14 June 2003). Deloitte & Touche has published a brochure that summarises and clarifies significant provisions of the rules based on the FAQ and discussions with the SEC staff. Several sections of the brochure focus on foreign private issuers. Click here to download our 12-page brochure (PDF 132k).

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