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.
While non-GAAP metrics are often useful, too many companies use them to present a misleading picture of performance, a senior auditor says.
D&O insurance will become more and more valuable to fend off shareholder-driven cyber litigation.
An anticorruption survey from AlixPartners shows redoubled efforts at checking the rising tide of fraud and graft.
The former heads of Nomura's CMBS desk allegedly lied to customers about bond prices to generate $758,000 in illicit profits.
Bureau van Dijk's corporate data will allow Moody's to "create new risk solutions and extend its reach to new and evolving market segments."
But investor demand for environmental information will drive companies to disclose it, Mary Schapiro says.