The surprise conviction of Brian Block, former CFO of American Realty under Nick Schorsch, should reverberate in public company C-suites with the case about certifying non-GAAP metrics. I discuss SEC rule-making for non-GAAP accounting by prosecution, SAB 99 relevance and SEC accounting issues.
from Forbes Real Time http://www.forbes.com/sites/jacobfrenkel/2017/07/03/forget-shkreli-surprise-conviction-of-ex-american-realty-cfo-sets-off-alarm-bells-for-cfos/
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