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This Company Found a Unique Way to Skirt SEC Accounting Rules (MarketWatch) - Companies are obliged to present their earnings using GAAP but are allowed to use non-GAAP measures to supplement the information. However, they must start with GAAP, give equal prominence to the two, and fully explain how they differ.
FASB Plans New Expedient for Lease Accounting (Compliance Week) - In a recent FASB meeting, the board decided to modify the transition provisions in Topic 842 of the Accounting Standards Codification, which takes effect for public companies in 2019,