SEC Misses the Mark with Non-GAAP Guidance and Comments
Atlanta partners Brink Dickerson and Eric Koontz, and Richmond partner David Meyers’ advisory, SEC Misses the Mark with Non-GAAP Guidance and Comments, was republished on June 8 in Law360.
“On May 17, 2016, the SEC provided guidance on the use of non-GAAP financial measures by public companies,” the trio stated in a summary. “While some of the guidance is helpful, we believe that some overreaches and might chill the effective communication of information that would be helpful to investors.”