Non-GAAP Financial Measures IFRS allows per share amounts to be reported on items other than earnings.

Instructions
(a) Adopt the role of the ethical accountant and write a short essay on the pros and cons of allowing companies to include alternate per share amounts in their annual reports. What other types of per share data might be helpful for investors?
(b) Currently, per share data is only required based on the profit or loss results for the year. What would be the arguments to support the disclosure of comprehensive income per share also? What would be some arguments to discourage this disclosure?
(c) In January 2016, the Canadian Securities Administrators issued CSA Staff Notice 52-306 (Revised) setting out their position on the disclosure of non-GAAP financial measures by issuers applying IFRS or other accounting principles. Briefly summarize the position taken by this Canadian regulator on such measures as alternative EPS measures.
(d) Identify an example of a company that discloses per share data for other than GAAP earnings per share, also indicating any other non-GAAP measures reported.