Helping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That’s why KPMG LLP established its industry-driven structure. In fact, KPMG LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.

How We Work

We bring together passionate problem-solvers, innovative technologies, and full-service capabilities to create opportunity with every insight.

Learn more

Careers & Culture

What is culture? Culture is how we do things around here. It is the combination of a predominant mindset, actions (both big and small) that we all commit to every day, and the underlying processes, programs and systems supporting how work gets done.

Learn more

Non-GAAP financial measures

Issues In-Depth | May 2023

In-depth guidance on the SEC rules related to non-GAAP financial measures, with examples and illustrative SEC comments.


SEC Regulation G and Regulation S-K Item 10(e)

  • All companies in the scope of Regulation G and/or Regulation S-K Item 10(e)

Relevant dates

  • Effective immediately

Key impacts

Our in-depth guide provides interpretive guidance on Reg G, Reg S-K Item 10(e) and Instruction 2 to Item 2.02 Form 8-K. This includes:

  • Specific requirements and prohibitions applicable for public disclosures, SEC filings and other materials which are furnished rather than filed with the SEC
  • Explanation of C&DIs and illustrative SEC comments based on recent public filings
  • Additional considerations related to EBIT and EBITDA, segment disclosures and REIT reporting
  • Exemptions available to foreign private issuers, including those applying IFRS® Accounting Standards
  • Management’s responsibilities related to non-GAAP financial measure disclosure and control procedures

Report contents 

  • Background
  • The rules
  • The general requirements
  • Specific considerations
  • Earnings releases and similar announcements
  • Foreign private issuers
  • Controls and non-GAAP financial measures

    Download the document

    Non-GAAP Financial Measures

    Download PDF

    Explore more

    Accounting Research Online

    Access our accounting research website for additional resources for your financial reporting needs.

    Thank you!

    Thank you for contacting KPMG. We will respond to you as soon as possible.

    Contact KPMG

    Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

    By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's Privacy Statement.

    An error occurred. Please contact customer support.

    Job seekers

    Visit our careers section or search our jobs database.

    Submit RFP

    Use the RFP submission form to detail the services KPMG can help assist you with.

    Office locations

    International hotline

    You can confidentially report concerns to the KPMG International hotline

    Press contacts

    Do you need to speak with our Press Office? Here's how to get in touch.