SEC Top Focus Areas: Non GAAP Financial Measures

Overview

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 a company’s financial statements remain GAAP compliant and are not misleading. Speaker/Author: Kelen F. Camehl, CPA, MBA

Highlights

• automation for accountants
• GAAP compliance
• financial disclosure requirements
• artificial intelligence in accounting
• SEC reporting updates
• emerging technology trends
• financial reporting

Objectives

• Distinguish between a GAAP and a non — GAAP financial measure
• Recognize examples of different types of non — GAAP financial measures
• Identify SEC guidance applicable to types of non — GAAP financial measures
• Recognize disclosures within the scope of Regulation G and Regulation S — K