This course provides an overview of non-GAAP financial measures with a particular emphasis on comments from the SEC, the FASB, as well as comment letter analysis from several of the Big 4 accounting firms. Non-GAAP financial measures continue to rank at the top of the most frequent comment letters issued by the SEC. As a result, it’s important to understand the guidance with respect to these measures to ensure that an entity’s financial statements remain GAAP compliant and are not misleading.

Learning Objectives
  • Discover and differentiate between a GAAP financial measure and a non-GAAP financial measure.
  • Recognize examples of different types of non-GAAP financial measures.
  • Identify which SEC guidance is applicable to different types of non-GAAP financial measures.
  • Recognize disclosures within the scope of Regulation G.
  • Identify key requirements included within both Regulation G and Regulation S-K related to these measures.
Last updated/reviewed: March 22, 2024
2 Reviews (14 ratings)

Reviews

5
Anonymous Author
This is a complex subject. Good presentation, interesting to see the connections to GAAP measures and required reconciliations.
5
Member's Profile
Thank you Kelen Camehl for putting together an informative Hot Topics series. It was well organized and informative.
Prerequisites
Course Complexity: Basic
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
  Course Overview CPE
Course Syllabus
COURSE MATERIAL
  GAAP Hot Topics - What You Need to Know Chapter 8: Non-GAAP Financial Measures PDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam