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 24, 2024
9 Reviews (44 ratings)

Reviews

5
Member's Profile
Great course. I really enjoyed diving into this topic since it is such a hot-button item for issuers and regulatory agencies alike. It is the true view of management and should be treated accordingly.

5
Anonymous Author
The course was a nice summary of the common non-GAAP measures that are used and the additional disclosure and reconciliation requirements necessary when using such measures.

5
Anonymous Author
Thorough course covering non-GAAP financial measures, and the ramifications on SEC filings when non-GAAP financial measures are presented.

5
Anonymous Author
This course was interesting but not particularly helpful. I will pay more attention to public company disclosures in the future though.

5
Anonymous Author
Challenging course especially if you're not a public company using Non-GAAP measures. Interesting.

5
Member's Profile
fabulous course. give me more text based courses! so much better! the texts are excellent!

5
Anonymous Author
Great course on a topic I hadn't delved to deeply in before.

5
Member's Profile
Great material, presented well - PDF was easy to navigate

5
Anonymous Author
I enjoyed this course, and I found it very informative.

Prerequisites
Course Complexity: Foundational

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 Syllabus
COURSE MATERIAL
  Non-GAAP Financial Measures - What You Need to Know (Text Based Course)PDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam