Globe and Mail: Proforma (1/2 hour read) Read the two Globe and Mail articles and answer the following questions. Post your reflection in the forum post located just below the articles. - What are proforma earnings? Why do companies issue non-GAAP earnings? Why has this practice increased? Where are non-GAAP earnings reported? - Why concerns do security commissions have about these earnings metrics, and what regulations are in place to mitigate potential manipulation? - High-quality earnings metrics are said to have confirmatory and predictive value. What does this mean? Discuss in the context of proforma earnings. Proforma earnings are sometimes called "earnings before the bad stuff. Explain why. Proforma - Globe and Mail 2016 (1).pdf Proforma - Globe and Mail 2016 (2).pdf Globe and Mail: Proforma (1/2 hour read) Read the two Globe and Mail articles and answer the following questions. Post your reflection in the forum post located just below the articles. - What are proforma earnings? Why do companies issue non-GAAP earnings? Why has this practice increased? Where are non-GAAP earnings reported? - Why concerns do security commissions have about these earnings metrics, and what regulations are in place to mitigate potential manipulation? - High-quality earnings metrics are said to have confirmatory and predictive value. What does this mean? Discuss in the context of proforma earnings. Proforma earnings are sometimes called "earnings before the bad stuff. Explain why. Proforma - Globe and Mail 2016 (1).pdf Proforma - Globe and Mail 2016 (2).pdf