Template 09
Non-GAAP Reconciliation Workpaper
One place for every non-GAAP measure used in the earnings release and the filing: the reconciliation to the most directly comparable GAAP measure, ties to both documents, and Regulation G / Item 10(e) / C&DI prompts.
Tab structure
- Instructions
- Setup
- Summary & Tie-out
- Reconciliation – GAAP starting line, each adjustment with source, tickmark and rationale
- Measures & 10(e) Checks – each measure, comparable GAAP measure, performance vs liquidity, where used, agrees-to-release check, reconciliation structure and Item 10(e) / C&DI prompts; a prominence checklist for the whole release
- Judgments
- Completeness & Controls
- Open Items
- Sign-offs & Refs
- Tickmarks
- Lists
Built on the common workpaper framework – see the templates overview.
Key checks and flags
- Reconciled amount agrees to the release / filing draft (Agrees, Investigate or Missing)
- Reconciliation structure read from the Reconciliation tab: starts from the GAAP measure, adjustments listed, lines for unlisted measures flagged
- Prominence checklist for the release and filing (C&DI 102.10(a)): headlines, order, emphasis, charts and tables
- Prompts: quantitative reconciliation, usefulness statement, no normal recurring cash operating expenses excluded (C&DI 100.01), no individually tailored accounting (C&DI 100.04), tax effects shown separately (C&DI 102.11)
- Liquidity measures: no exclusion of cash-settled charges (other than EBIT/EBITDA)
- Adjustments without a rationale flagged; every measure in the release and filing listed
Who uses it
SEC reporting, IR and the disclosure committee reviewing earnings materials.
Primary sources
Previews
Rendered from the actual workbook with illustrative sample data ("Example Company, Inc.", period end December 31, 2026). Scroll sideways on small screens.
Measures & 10(e) Checks
Measures & 10(e) Checks tab with example measures.
Reconciliation
Reconciliation tab: EXAMPLE Adjusted EBITDA.