Non-GAAP accounting is on the rise, with roughly 75% of companies reporting non-GAAP earnings and about 20% of companies reporting a non-GAAP profit despite a GAAP loss. Aggregate earnings appear to ...

Forbes contributors publish independent expert analyses and insights. Martin Fridson is an investment manager who writes on finance. Corporate use of non-GAAP performance measures is on the rise. In ...

Improper use of non-GAAP measures, which has been an item of scrutiny in public company reporting for years, remains an area of concern for the SEC staff. “The regulations and guidance over non-GAAP ...

Board members at public companies largely favor the use of non-GAAP measures but differ on disclosures of how they’re being used, according to a new survey. The survey, by BDO USA LLP, asked 160 ...

SEC Chairman Jay Clayton and Chief Accountant Wes Bricker urged CPAs on Monday to deliver consistency in the non-GAAP information they report to investors. “There has to be a similar consistency in ...

When companies massage earnings reports to make profits look larger, do investors buy it? In some cases, they don't. That's the lesson from new research by John McInnis, professor of accounting at ...

When a company is reshaping itself, GAAP results can often look very different from reported, non-GAAP numbers. Costs linked to IBM's current overhaul already appear to be reflected in the stock's ...

When Tesla Motors reported its latest earnings on Wednesday, there was a notable twist to its financials. It wasn’t just that the company failed to hit analysts’ estimates again but that it emphasized ...

The Securities and Exchange Commission has approved the Financial Accounting Standards Board’s 2019 GAAP Financial Reporting Taxonomy, along with the 2019 SEC Reporting Taxonomy, FASB said Tuesday.

Is a company making profit or a loss? It’s undoubtedly an important question in the minds of managers, investors, bankers, and boards of directors (investors would like to buy shares of, and banks ...