For some time, the Securities and Exchange Commission, or SEC, took a noticeably hands-off approach toward the use of non-GAAP (generally accepted accounting principles) financial measures by public companies listed in the United States. However, recent developments have signaled a renewed focus on registrants’ use of non-GAAP financial measures….
via The Tide Has Turned: The SEC’s Renewed Focus on Non-GAAP Financial Measures – Jones Day
