Using standard accounting methods benefits any small business. For those looking to level up their financial reporting, adopting generally accepted accounting principles (GAAP) can unlock new ...

When companies massage earnings reports to make profits look larger, do investors buy it? In some cases, they don't. That's ...

Non-GAAP accounting is on the rise, with roughly 75% of companies reporting non-GAAP earnings and about 20% of companies reporting a non-GAAP profit despite a GAAP loss. Aggregate earnings appear to ...

Discover the differences between absorption and variable costing methods, how they impact financial statements, and why GAAP ...

Learn the principles of financial accounting, its importance, and how it functions to provide a clear picture of a company's financial health and compliance.

While not perfect, generally accepted accounting principles are considered the gold standard of accounting rules. Corporations throughout the country use GAAP to prepare their financial statements.

Private companies are calling for their own accounting playbook. While privately held companies easily make up the majority of businesses in the U.S., they still are governed by the same set of basic ...

Russell Golden, the recently appointed chairman of the Financial accounting Standards Board, discussed the road ahead for the board after it marked its 40th anniversary earlier this year, as it ...

Industry just doesn't need much more cleaning, if the company's recent quarterly performance is any indication.

There have been questions recently as to where and how investors can check out those to whom they entrust their money. The best Internet site for this purpose is BrokerCheck.com. While not infallible, ...

GAAP revenue growth of 1% in the quarter and 5% year to date; GAAP EPS increased 49% in the quarter and 29% year to date; ...

What Are Generally Accepted Accounting Principles (GAAP)? Your email has been sent Understanding GAAP is essential for anyone involved in finance or accounting. Learn the key principles and their ...