This FRV News brings you a summary of remarks from the SEC staff on the interplay between ASC 280 and the SEC’s non-GAAP rules and regulations. Plus, clarification of remarks SEC staff made at the 2023 AICPA & CIMA Conference on current SEC and PCAOB developments.
The SEC staff’s view on multiple segment performance measures and single reportable segment entities is that ASU 2023-07 does not require or expressly permit disclosure of specific additional segment performance measures. Read our Hot Topic for more details.
Our team is prepared to assist and advise in any issues that rise during these times, we invite you to contact us.
