As part of its current focus on non-GAAP measures, the SEC has questioned whether companies and audit committees have implemented appropriate controls regarding the disclosure of such measures. In response, Deloitte recently issued a report discussing the types of controls that could be established and provides high-level examples of control issues and related responses for consideration in connection with non-GAAP measures.
SEC Scrutinizing Non-GAAP Disclosure Controls
On By Joseph McCafferty