If a company uses a non-GAAP financial measure in an SEC filing, then the company must: A.

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If a company uses a non-GAAP financial measure in an SEC filing, then the company must:

A. give more prominence to the non-GAAP measure if it is used in earnings releases.

B. provide a reconciliation of the non-GAAP measure and equivalent GAAP measure.

C. exclude charges requiring cash settlement from any non-GAAP liquidity measures.

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International Financial Statement Analysis CFA Institute Investment Series

ISBN: 9780470287668

1st Edition

Authors: Thomas R. Robinson, Hennie Van Greuning CFA, Elaine Henry, Michael A. Broihahn, Sir David Tweedie

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Question Posted: Feb 14, 2024 09:01 AM

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If a company uses a non-GAAP financial measure in an SEC filing, then the company must: A.

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The correct answer is B According to the US Securities and Exchange Commission SEC if a company use...View the full answer

International Financial Statement Analysis CFA Institute Investment Series

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