Topic

Non-GAAP Financial Measures

Earnings metrics such as adjusted EBITDA, adjusted earnings per share and core sales growth that companies report alongside GAAP results, governed in the US by Regulation G and Item 10(e) of Regulation S-K.

Current clusters

leadership1 publisher

The SEC has folded its accounting-fraud work into a single national enforcement unit

Skadden's partners read the consolidation of SEC accounting enforcement into one national unit as a bid for speed. Their memorandum to boards carries no headcount by which to size the change.

Publishers:corpgov.law.harvard.edu

Reality

Evidence60
Adoption: Insufficient
Hype gap+18
Incentives66
Confidence55