Appendix J — Roadmap Updates for 2024
The table below summarizes the
substantive changes made in the 2024 edition of this Roadmap.
Section
|
Title
|
Description
|
---|---|---|
After Adoption of ASU 2023-07
|
Added
section to provide non-GAAP considerations related to
segment disclosures after the adoption of ASU 2023-07. Moved
discussion of considerations before the ASU's adoption to
new Section 2.5.1.
| |
Presentation
of Non-GAAP Measures in a “Glossy” Annual Report
|
Added
section to expand discussion of glossy annual reports, which
was moved from Section 3.1.
| |
Normal,
Recurring Cash Operating Expenses
|
Added
discussion of inventory
losses and situations in which related
adjustments could be misleading.
| |
Individually
Tailored Accounting Principles
|
Added
discussion of deferred tax
valuation allowances and circumstances in
which adjustments could be seen as individually tailored
accounting.
| |
Non-GAAP
Measures on the Face of Financial Statements and Notes
|
Added
discussion of the inclusion of additional non-GAAP
performance measures within the segment footnote.
| |
Credit
Agreement Covenants
|
Added
discussion of non-GAAP disclosures required by Regulation
S-X, Item 10(e), related to non-GAAP measures associated
with debt covenants.
|