Description
While accounting standards like IFRS and ASPE offer strict rules for GAAP measures and reporting in the financial statements, no robust standards exist for non-GAAP reporting outside of the financial statements. Some non-GAAP measures are only useful for certain industries, and different companies in the same industry may calculate the same non-GAAP measure in different ways. There can be significant judgment involved in deciding which items to include or exclude when calculating non-GAAP measures.
Given the potential complexity and confusion, this course will guide you through some real-life judgment scenarios and teach you how to think about non-GAAP reporting. Please note that this course covers non-GAAP financial measures reported outside of the financial statements. Non-financial measures and operational measures are outside the scope of this course.