SEC Expected to Raise More Questions About How Firms Calculate Non-GAAP Measures

The Securities and Exchange Commission is expected to ask more companies to explain how they calculate performance measures that go beyond U.S. generally accepted accounting principles, a move to gauge whether these metrics could potentially mislead investors. The U.S. securities regulator for years has monitored companies’ use of so-called non-GAAP earnings measures in their financial… Continue reading SEC Expected to Raise More Questions About How Firms Calculate Non-GAAP Measures