The oversight board issues proposals on auditing fair-value estimates and the use of specialists.
Many finance departments at subscription-based companies are woefully unprepared for the new accounting standard, says Zuora's CEO.
The company sees "signs of further stabilization" in market conditions as it reports its first sales increase in 13 quarters.
Sometimes, the commission’s metrics guidance works against the interests of financial-statement users, a capital markets expert says.
But the SEC should continue trying to boost transparency and comparability in reporting: CFA Institute official.
There's an awful lot of gray area around the topic of what companies should or shouldn't do in their presentations of the unofficial metrics.
Inconsistent interpretation, guidance, and enforcement of non-GAAP measures lead to a lack of confidence in reporting.
Research suggests a correlation between market sensitivity to financial results and reported revenue in the following quarter.
But investor demand for environmental information will drive companies to disclose it, Mary Schapiro says.
Disclosing supplemental information like key operating metrics and forecasts requires controls and procedures, says the SEC's Wesley Bricker.