XRB issues research report on APMs

  • Document (lt green) Image

10 Jul 2017

The New Zealand External Reporting Board (XRB) has released a research report on findings from a survey which examined how alternative performance measures (APMs) are viewed by users in New Zealand.

The report included the following survey results:

  • Most surveyed believe APMs are useful for assessing a company’s performance as a supplement to GAAP measures.
  • Explanations on APMs used are critical in understanding the APMs and its relationship to GAAP measures.
  • Some respondents did not agree with the choice of certain APMs.
  • Re­spon­dents prefer to have clear and standardized definitions applied to APMs.
  • Some respondents are skeptical in the application of APMs since they may have a tendency to portray more favorable results when compared against the GAAP measures.
  • Majority of respondents feel that APMs should be assured.

For more information, see the report summary and full report on the XRB's Web site.

Related Topics

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.