Which of the following typically involves the use of non-GAAP accounting?
A) Strategic matching
B) A change in accounting estimate that is fully disclosed
C) Proforma earnings
D) A change in accounting principle that is fully disclosed

Question

Quizplus · Accepted Answer

Proforma earnings typically involve the use of non-GAAP accounting, as they are based on projected or hypothetical financial results, rather than actual results reported under GAAP. Strategic matching, changes in accounting estimates or principles, may also involve adjustments to reported results, but they can also be done in accordance with GAAP and disclosed appropriately.

Which of the Following Typically Involves the Use of Non-GAAP