The International Accounting Standards Board (IASB) has proposed new rules that would require financial statements to include specific profit metrics, disclosure about unusual items, and disclosure about non-GAAP performance measures used by management and disclosed in public communications. The IASB non-GAAP rules would be in addition to Regulation G and other rules applicable to companies that report under IFRS and are public in the United States.

Read the Full Newsflash >