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Non-GAAP Financial Measures - What You Need to Know

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
Non-GAAP Financial Measures - What You Need to Know

Free (Only Today)

2.5 Credits

Subject Area

Accounting
  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Course Description

A non-GAAP financial measure is a numerical measure of a registrant's historical or future financial performance, financial position, or cash flow.

What Drove the Increase in Use of Non-GAAP Financial Measures?

U.S. GAAP can be hard and sometimes difficult to interpret even for seasoned professionals with years of experience. A problem with GAAP is its emphasis on producing a single number, net income, that is supposed to be useful to the company, as well as its investors and creditors. But sophisticated investors don’t care about reported net income. They want to know its components to be able to distinguish operating items from nonoperating items, items that are likely to be recurring and which are likely to be nonrecurring.

This Online CPE course provides an overview of non-GAAP financial measures with a particular emphasis on comments from the SEC, the FASB, and comment letter analysis from several of the Big 4 accounting firms.  Non-GAAP financial measures continue to rank at the top of the most frequent comment letters issued by the SEC.  As a result, it’s important to understand the guidance for these measures to ensure that an entity’s financial statements remain GAAP compliant and are not misleading.

This Accounting CPE course focuses on SEC Compliance & Disclosure Interpretations.  This course also provides illustrative examples of SEC Comment Letters, Prominent presentation, and Tax impacts.

This Online Continuing Education course includes following key topics:

  • What is a Non-GAAP Financial Measure? 
  • Why Do Regulators Care About Non-Financial Measures?
  • What are NOT Non-GAAP Financial Measures?
  • Where Do Non-GAAP Financial Measures Show Up?
  • SEC Compliance & Disclosure Interpretations
  • Regulation

Learning Objectives

  • To differentiate between a GAAP financial measure and a non-GAAP financial measure
  • To recognize examples of different types of non-GAAP financial measures
  • To identify which SEC guidance is applicable to different types of non-GAAP financial measures
  • To recognize disclosures within the scope of Regulation G
  • To identify key requirements included within both Regulation G and Regulation S-K related to these measures

Course Qualification

Webinar Qualifies For

  • 2.5 CPE Credit of Accounting for Certified Public Accountants (CPA-US)
  • 2.5 CPE Credit of Financial Accounting for Certified Internal Auditors (CIA)
  • 2.5 CPE Credit of Financial Reporting for Certified Management Accountants (CMA)
  • 2.5 PL Credit of Accounting for Chartered Financial Analyst (CFA)
  • 2.5 CPE Credit of Accounting for Certified Government Financial Manager (CGFM)
  • 2.5 CPE Credit of Accounting for Internal Audit Practitioner (IAP)
  • 2.5 CPE Credit of Accounting for Certified Fraud Examiner (CFE)
  • 2.5 CPE Credit of Accounting for Qualification in Internal Audit Leadership (QIAL)
  • 2.5 CPE Credit of Financial accounting for Certified Valuation Analyst (CVA)
  • 2.5 CPE Credit of Financial accounting for Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
  • 2.5 CPD Credit of Financial Reporting for Certified Financial Forensics (CFF)
  • 2.5 PL Credit of Accounting for CIPM
  • 2.5 CE Credit of Financial accounting concepts for Certified FP&A Professional (FP&A)

Additional details

  • Course Level :
    Basic
  • Credits :
    2.5
  • Pre-requisites :
    None
  • Advance Preparation :
    None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

Presenter

About Presenter

Kelen is a recognized author and reviewer of CPE courses and has authored over 150 courses (370+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics.  His courses are available for purchase from many online CPE providers including the AICPA.  Kelen remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam.  He also serves as an Editorial Advisor for the AICPA’s "Journal of Accountancy".    

Kelen has nearly 20 years of progressive finance and accounting experience. He currently serves as a Principal in Accounting Policy with HP in Doha, Qatar.  Prior to HP, he served in multiple accounting roles in the oil & gas industry with ConocoPhillips including technical accounting policy, SOX compliance, and internal audit. He also gained public accounting experience with PricewaterhouseCoopers, working with various clients in the energy, electric, power, gas, and utility sectors.

About Company

Our vision is to create a world where innovation drives extraordinary contributions to humanity. This vision guides everything we do, how we do it, and why we do it. 
Our technology – a product and service portfolio of personal systems, printers, and 3D printing solutions – was created to inspire our vision and we are doing everything in our power across climate action, human rights, and digital equity to make it so. 
We believe thoughtful ideas can come from anyone, anywhere, at any time. And all it takes is one to change the world.

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
  • Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
  • If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.
  • For Refund and Complaint Resolution Policy, CLICK HERE.

Ratings and Review

4.4

83 Ratings

Excellent

43

Very Good

30

Average

6

Poor

1

Terrible

1

JB

Jaymie Burkart, CPA (US)

Jul 26th, 2023

This was a great Ebook. It was pertinent to my job and provided great real-world examples.

GP

Gregory Patton, CPA (US)

Nov 27th, 2023

It was clear and included a number of actual examples.

RK

Richard Kemnitzer, CPA (US)

May 29th, 2023

Easy to understand!

AP

Allison Pillsbury, CPA (US)

Apr 24th, 2023

Very convenient.

KW

Kristina Williams, CPA (US)

Sep 6th, 2024

Fantastic

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