The Practising Law Institute (PLI) will present "Using Non-GAAP Measures and Metrics to Explain the Impact of COVID-19 A Year-End and Quarter 4 Update" as a live webcast on Wednesday, December 16, beginning at 1 p.m.
This briefing will review third quarter developments and examples in how companies are using non-Generally Accepted Accounting Principles (GAAP) measures and metrics in the complex process of communicating how the disruption and uncertainty created by COVID-19 have impacted their businesses.
Discussion will include the most recent SEC guidance and cautions regarding the use of COVID-19 related non-GAAP measures and metrics, along with examples from earnings releases and filings and recent SEC comments.
Cheryl L. Linthicum, professor of Accounting and former associate dean, College of Business at the University of Texas at San Antonio, and SEC Institute workshop leader George M. Wilson will provide a deep dive into the guidance and the practical issues companies will face as they address the impact of COVID-19 in their reporting.
In this briefing, participants will:
- Review examples of COVID-19 related non-GAAP measures and metrics reported by companies.
- Discuss SEC comments on what companies reported in Q3 of 2020.
- Explore alternative approaches to the use of non-GAAP measures and metrics to explain the impact of COVID-19.
Course materials will be available to attendees prior to the start of the program. Cost for the webcast is $299. To register or for additional information, visit www.pli.edu and click on "programs."
