Audit committee oversight of non-GAAP financial measures

March 2018

As company leaders and boards are digesting the widespread implications of the first comprehensive tax reform in over 30 years, audit committees are also considering the challenges posed by reporting financial results that fall outside of generally accepted accounting principles (GAAP). At the same time, the recent wave of high-profile harassment complaints against senior executives has resulted in new interest in board oversight of workplace conduct. The Southwest Audit Committee Network (SWACN) members met in Dallas on March 8 to discuss these topics.