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Blog Post | Timely Disclosure

Fill in the Non-GAAP: New Disclosure Requirements to Become Mandatory in August 2021

Fasken
Reading Time 1 minute read
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Lack of transparency in calculations, insufficient context and significant variations by issuer and industry, a “stronger tool was needed to take appropriate regulatory action”, said the Canadian Securities Administrators (CSA) when they first presented their new set of rules to regulate disclosure of non-GAAP financial metrics. That was in 2018. Many comment letters and three... Continue Reading

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