SEC Adopts Final Rules on Use of Non-GAAP Financial Measures
- Topics:
- Regulatory issues
- Tags:
- Finance,
- Financial,
- Financial Accounting,
- Financial Measure,
- GAAP,
- non-GAAP,
- SEC,
- Stroock & Stroock & Lavan
- Source:
- Stroock & Stroock & Lavan
FREE Registration is required
Overview: "The article defines the released rules and amendments (the “Final Rules”) that implement the requirements of Section 401(b). The centerpiece of the Final Rules is Regulation G, which requires public companies, other than investment companies, that disclose or release non-GAAP financial measures, to include in that disclosure or release a presentation of “the most directly comparable” GAAP financial measure and a reconciliation of the disclosed non-GAAP financial measure to “the most directly comparable” GAAP financial measure. It explains the scope of regulation G. Read the article to get the details."
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: PDF | Size: 62KB | Date: Mar 2003 | Pages: 7
