GAAP Reconciliation Schedule Template
Reconcile non-GAAP measures to GAAP financials. Document adjustments for stock-based compensation, acquisition costs, and other significant items.
How to use this template
Define non-GAAP metrics
Identify which non-GAAP measures you report (adjusted EBITDA, adjusted net income, organic revenue growth, etc.) and their business purpose.
Build reconciliation detail
Create schedule showing GAAP results, adjustment line items with dollar amounts, and resulting non-GAAP measure. Show both current period and year-to-date.
Document adjustment rationale
For each adjustment, explain why it's excluded from non-GAAP measure (non-recurring, acquisition-related, stock-based compensation, etc.).
Validate calculations
Verify math: GAAP result + adjustments = non-GAAP result. Cross-check against GL and supporting schedules.
Prepare disclosure note
Write note for financial statements explaining non-GAAP measures, why company believes they're useful, and reconciliation to GAAP results.
Why use this template
- Provides transparent reconciliation between GAAP and non-GAAP results
- Helps investors understand adjustment items and true operating performance
- Demonstrates consistency in non-GAAP calculation period to period
- Supports SEC compliance if reporting publicly
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