Presentation of income under IFRS

Companies, regulators, investors and others are currently debating which non-GAAP measures provide useful insight for investors and should be included in the financial statements. With this in mind, PricewaterhouseCoopers examined the non-GAAP measures in 2,800 financial statements across Europe. It found that their use in the International Financial Reporting Standards (IFRS) environment is widespread, even on the face of the income statement. To learn more, read the April 2007 publication Presentation of income under IFRS: flexibility and consistency explored.