non-GAAP figures reported. All public companies in the U.S. are required to use generally accepted accounting principles (GAAP). Financial statements created using these principles are filed on a ...

Generally Accepted Accounting Principles, often known by the acronym GAAP, is a set of accounting rules created to govern financial reporting for corporations in the United States. Publicly traded ...

Existing accounting standards have led to “scope creep,” with derivative standards being applied too often, FASB Chair ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Suzanne is a content marketer, writer, and fact-checker. She holds a ...

The Financial Accounting Standards Board released a paper on how to apply its revenue recognition standard to construction ...

The body expects to finalize new rules on accounting for software costs, environmental credits and government grants in 2025, ...

Purpose: To provide an overview of the fundamentals for basic fund accounting and the financial reporting structure within the context of higher education accounting, Generally Accepted Accounting ...

The standard that FASB and the International Accounting Standards Board are expected to issue this year will create the need for new judgments to be reached by financial statement preparers FASB to ...