Bridging the Gap: Ensuring Effective Non-GAAP and Performance Reporting - Softcover

Papa, Vincent T.; Peters, Sandra J.; Schacht, Kurt

Softcover

ISBN 10: 1942713312 ISBN 13: 9781942713319

Publisher: CFA Institute, 2016

Synopsis

Non-GAAP financial measures (NGFMs) are a core part of how companies communicate their performance, and they are meant to supplement measures required by accounting standards (e.g., US GAAP/IFRS). This publication articulates actions required to improve communication of these measures and enhance the overall performance reporting framework, building on an earlier part of this publication that addressed investor uses, expectations, and concerns on NGFMs. The first part and this publication are informed by a survey of CFA Institute members—mostly buy-side analyst and portfolio manager respondents.

Edition details

• Publisher: CFA Institute
• Publication date: 2016
• Language: English
• ISBN 10: 1942713312
• ISBN 13: 9781942713319
• Binding: Paperback
• Number of pages: 70