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CSA Staff Notice 91303 Proposed Model Provincial Rule on Mandatory Central Counterparty Clearing of Derivatives December 19, 2013Introduction We, the Canadian Securities Administrators OTC Derivatives
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CSA Staff Notice 91-303 is a notice issued by the Canadian Securities Administrators (CSA) that provides guidance on requirements for non-GAAP financial measures.
Public companies listed on Canadian stock exchanges are required to file CSA Staff Notice 91-303.
CSA Staff Notice 91-303 should be filled out by providing accurate and transparent non-GAAP financial measures in compliance with the guidelines provided.
The purpose of CSA Staff Notice 91-303 is to ensure that companies provide clear and comparable non-GAAP financial measures to investors.
The information reported on CSA Staff Notice 91-303 should include the rationale for using non-GAAP financial measures, reconciliation to GAAP measures, and any adjustments made.
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