IIF SAG comments on IOSCO's proposed Statement on Non-GAAP Financial Measures

On December 5, the IIF, via its Senior Accounting Group (SAG), submitted a comment letter on IOSCO's proposed Statement on Non-GAAP Financial Measures. The SAG supports the proposed Statement and considers that it will provide useful guidance to preparers, auditors, and regulators for the presentation and evaluation of non-GAAP financial measures.