O Relato Ético das Mensurações de Desempenho Não Consideradas no GAAP
Autor: | Ervin L. Black |
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Jazyk: | angličtina |
Rok vydání: | 2016 |
Předmět: |
050208 finance
Earnings business.industry International accounting media_common.quotation_subject 05 social sciences Accounting 050201 accounting lcsh:Business International Financial Reporting Standards Discretion Accounting standard Management Operating cash flow Net income 0502 economics and business lcsh:Finance lcsh:HG1-9999 Financial accounting business lcsh:HF5001-6182 Finance media_common |
Zdroj: | Revista Contabilidade & Finanças, Vol 27, Iss 70, Pp 7-11 (2016) Revista Contabilidade & Finanças, Volume: 27, Issue: 70, Pages: 11-7, Published: APR 2016 |
Popis: | Generally accepted accounting principles (GAAP) provide for a standardized method of calculating va-rious performance measures, such as net income, in-come from continuing operations, and cash flow from operations. There are two primary sources of GAAP – the International Financial Reporting Standards (IFRS), as developed by the International Accounting Standards Board (IASB), and the U.S. GAAP, as developed by the Financial Accounting Standards Board (FASB). Howe-ver, non-GAAP performance measures have been repor -ted by companies for several decades, as an alternative to these GAAP measures. Managers argue that these non-GAAP measures improve the information about the core earnings of their companies. Company mana-gers have discretion in determining what is included and what is not included in the calculation of these non-GA -AP performance measures. In this essay, I review non--GAAP reporting, make a call for the ethical reporting of non-GAAP performance measures, and make recom-mendations for ways to improve non-GAAP reporting. |
Databáze: | OpenAIRE |
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