Course Description
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.

Learning 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

Revision Date: 8/16/2022

Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants : Any CPA looking to maintain or enhance their professional competence
Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
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