.... For example, the vast majority of managers (88.5 percent) mention the gain in the earnings announcement, but few (34 percent) report non-GAAP earnings per share summary figures explicitly excluding transitory gains. This percentage is significantly lower than pre-Regulation G, where approximately 62 percent...

.... In this study we examine the association between audit committee appointments of accounting experts (relative to appointments of nonaccounting experts) and the company's non-GAAP earnings numbers. We find a larger decline in non-GAAP earnings exclusions following the appointment of accounting (rather than...