SEC Zooms In on Non-GAAP in Recent Comment Letters

The SEC’s Division of Corporate Finance has sent hundreds of comment letters this year questioning the prominence of non-GAAP figures in companies’ earnings releases and other filings in what experts said is an easy gotcha for the staff. …In a review of comment letters sent to Russell 3000 companies between January 2022 and May 2023… Continue reading SEC Zooms In on Non-GAAP in Recent Comment Letters