Pwc's Cfodirect Podcast

We continue our SEC-focused series with an episode on non-GAAP financial measures, commonly used by companies to supplement their financial statements and provide investors with a deeper understanding of their performance or financial condition. Given their importance, it’s been a top focus area for the SEC staff over the last several years, and we expect that trend to continue. We highlight common comment letter themes and share practical guidance for year-end reporting and comment letter responses.In this episode, we discuss:2:17 – Overview of non-GAAP measures 6:20 – SEC comment letter trends and recurring issues23:15– Possible shifts in focus under the new SEC administration27:35 – Year-end reminders and best practices for responding to SEC commentsIn case you missed it, check out our first episode in this SEC-focused series: SEC now: Today’s landscape and recent developments.For more on the SEC, listen to our recent episode on frequency of reporting, SEC to revisit quarterly reporting: Pros, cons, and wh