Daily Archives: December 11, 2013, 4:07 pm

SEC Accounting Task Force Looking at Use of Non-GAAP Metrics – WSJ.com

“We’re looking at non-GAAP measures,” said David Woodcock, chairman of the SEC’s new Financial Reporting and Audit Task Force, referring to companies’ customized measures that don’t comply with generally accepted accounting principles, or GAAP. Mr. Woodcock, who was speaking at an American Institute of Certified Public Accountants conference, didn’t mention any specific companies that the task force is looking at.…

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