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Erschienen in:

2022 | OriginalPaper | Buchkapitel

24. Non-GAAP Reporting

verfasst von : Felix I. Lessambo

Erschienen in: Financial Statements

Verlag: Springer International Publishing

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Abstract

By their very nature, non-GAAP metrics are not standard, and therefore can be misleading to financial statement readers. Given that non-GAAP metrics are disclosed in Form 10-Q and Form 10-K, they have become part of the financial statements, merely ignoring them is not the proper answer. Non-GAAP financial measures that include or exclude unusual expenses or gains may provide a misleading financial picture. The Securities and Exchange Commission has recently issued a cautionary release on non-GAAP financial measures, and has proposed rulemaking pursuant to the Sarbanes–Oxley Act.

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Vorheriges Kapitel Apple and Microsoft

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