非公认会计准则财务指标公开披露的问题

M. Gordon
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引用次数: 0

摘要

近年来,公司对非公认会计原则(non-GAAP)指标的使用急剧增加。然而,确保这些指标不会越过从管理人员的适当自由裁量权到误导投资者的界限的监管结构没有跟上步伐。美国证券交易委员会(SEC)最近一次针对非公认会计准则(GAAP)指标披露的重大声明是在几年前,后来又补充了一些非正式的澄清,以处理证券法的高度技术性问题。本文探讨了非公认会计准则指标的广泛使用,以及为什么目前缺乏关于在非官方环境(如社交媒体)中披露这些数据的监管,这是监管机构需要解决的问题,以保护投资公众。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Issues with Public Disclosure of Non-GAAP Financial Metrics
The use of non-Generally Accepted Accounting Principles (non-GAAP) metrics by firms has increased dramatically in recent years. However, the regulatory structure for ensuring these metrics do not cross the line from appropriate discretion by managers to misleading investors has not kept pace. The last major pronouncement from the SEC addressing the disclosure of non- GAAP metrics was several years ago and has only been supplemented with unofficial clarifications to deal with highly technical aspects of securities laws. This paper examines the widespread usage of non-GAAP metrics and why the current lack of regulation with regards to disclosure of these data in unofficial settings, such as social media, is a problem that regulators need to address for protection of the investing public.
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