In this webinar, Norton Rose Fulbright discussed the recent scrutiny faced by issuers for their use of non-standard accounting practices.

Many issuers believe that non-standard measures offer a better measurement of performance than Generally Accepted Accounting Principles (“GAAP”). Yet there are growing concerns amongst regulators and investors that non-GAAP measures are being used to inflate earnings and paint a more positive picture of financial performance.

These accounting practices are expected to continue to receive increased regulatory, activist investor and media attention and, as a result, issuers need to consider how to align their accounting and related disclosure practices with the expectations and requirements of investors and regulators.