Question: Microsoft announced that it expected the acquisition is to be accretive to non-GAAP earnings within two years. What does non-GAAP mean in this case? In

Microsoft announced that it expected the acquisition is to be accretive to non-GAAP earnings within two years. What does non-GAAP mean in this case? In other words: what major expense is excluded? How do you feel about the use of non-GAAP numbers in corporate communication? Is it legal? Please research FASB and SEC pronouncements on this issue, possibly including but not limited to Anders (2017), Golden (2017) and SEC (2018).

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