Fundamentals of IAS 1 – Presentation of financial statements and non-GAAP measures

This 60-minute live IFRS webcast will summarize the key IAS 1 presentation requirements and differences for U.S. domestic SEC registrants. This webcast will also address alternative performance measures, such as EBIT or EBITDA, that the IASB is looking to incorporate into IFRS as part of its project on primary financial statements. These activities, as well as IOSCO’s Statement on Non-GAAP Financial Measures issued in 2016, evidence the challenge of enhancing communication around financial performance without misleading the reader or diluting the importance of the GAAP measures identify how the outcome of those discussions will affect transition plans.