Financial measures or ratios that are not prepared using information taken directly from these financial statements are referred to as or GAAP financial measures.

Question

Quizplus · Accepted Answer

Non-GAAP financial measures are those that are not prepared using the generally accepted accounting principles (GAAP) and often exclude certain expenses or income that are included in the most directly comparable measure calculated according to GAAP.

Financial Measures or Ratios That Are not Prepared Using Information