Adjusting for Litigation Expenses in a Non-GAAP Financial Measure
By EsqSocial Corporation 27/05/21
It should come as no surprise to readers of our blog that public companies often expend significant resources each year on managing litigation matters. As a result, perhaps it is natural that some companies might want to convey financial results that exclude (or adjust out) these litigation expenses from their GAAP results as they arguably do not relate to the core performance of the company’s business......
By: Bass, Berry & Sims PLC