See Credit Details Below
CPE credit (NASBA QAS Self-Study) is available by completing and passing the program’s CPE Review & Exam.
While this program offers CPE (NASBA) credit, it has expired for CLE credit in many states. Please check the credit calculator below. No certificate will be issued if credit has expired in your state.
Lecture Topics [01:05:46]
Upon the successful completion of this program, the participant will be able to:
- Recall the major reasons why companies use non-GAAP measures to report financial performance and cash flow.
- Outline in detail the SEC’s guidance for the use of non-GAAP measures.
- Recognize situations in which non-GAAP measures create concerns for regulators and investors.
This program will focus on:
- The definition of a non-GAAP measure.
- Regulations G and S-K Item 10(e).
- Items that must accompany a non-GAAP measure.
- In an earnings release
- In Forms 10-K and 10-Q
- Results of operations using non-GAAP measures.
- Liquidity measures
- Best practices for use of non-GAAP measures and metrics.
- Frequent SEC comments on the use of non-GAAP measures and metrics.
CPE Program Level: Overview
Intended Audience: Outside and in-house counsel, accountants, directors, auditors and other allied professionals responsible for public company financial reporting.
Prerequisites: A general understanding of non-GAAP measures and metrics and their use in public company financial reporting.
Advanced Preparation: None
Instructional Method: QAS Self-Study
Updated: June 2018