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Reconciliation of GAAP net income to non-GAAP net income:
Ultimately, the SEC's goal was to ensure that investors are not misled by financial information that differs from what is presented in the GAAP basis financial statements.
As a result, CommVault will gradually increase its non-GAAP effective tax rate as it approaches its anticipated long-term GAAP tax rate.
Securities and Exchange Commission, which requires such companies to show a reconciliation between their results under home-country GAAP rules and results as they would have been under U.
Be inserted into GAAP financial statements or in the accompanying notes.
Literally interpreted, Judge Laro's statements involving GAAP mean that an unqualified audit opinion is a guarantee or warranty (a "certification") that all of the accounting methods used to prepare the financial statements on which the audit opinion was rendered were in conformity with GAAP.
GAAP service revenue increased 11% year-over-year and sequentially.
GAAP net loss for the fourth quarter of 2013 was USD7.
GAAP did not change, and there were no unusual developments of significance to CPAs.