Category: GAAP

As the SEC continues to focus on how public companies use non-GAAP measures, they have issued updated Compliance & Disclosure Interpretations (C&DIs) regarding their usage. Non-GAAP financial metrics are numeric representations of performance, finances, or cash flows that don't follow Generally Accepted Accounting Princi
On the second day of the year, U.S. House of Representatives failed to pass HR 37, "Promoting Job Creation and Reducing Small Business Burdens Act". HR 37 would have exempted small public companies with under $250 million in annual revenue from filing in XBRL. The focus of the bill was to mitigate the costs public companies enco