Press Release Guidance

June 2001
Financial Executive;Jun2001, Vol. 17 Issue 4, p69
Academic Journal
The article reports on a joint press release between the Financial Executive Institute (FEI), the American Institute of Certified Public Accountants, and the National Investor Relations Institute (NIRI). The release included guidelines for the best practices of company-issued earnings press releases, particularly those dealing with pro forma numbers. Pro forma results, according to FEI and NIRI, are more useful analytically than others but should be accompanied by clear compliance to generally accepted accounting principles.


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