The Accounting Standard Update aims to clarify existing reporting requirements, in part by creating a comprehensive list of ...

The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) providing official guidance ...

The accounting standards update aims to improve the navigability of interim reporting disclosures while clarifying when that ...

The Financial Accounting Standards Board issued an accounting standards update with guidance on accounting for government ...

GAAP accounting stands for generally accepted accounting principles. These principles are a set of standardized rules that accountants use. Companies that sell public stock and release financial ...

Public companies are required to file financial reports regularly and to craft their reports according to generally accepted accounting principles, or GAAP, as the standards are commonly known. The ...

The new standard marks the 11th accounting standards update issued by the FASB this year, up from four for the full 2024 and ...

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 ...

When a company or individual makes an investment, the obvious goal is for that investment to increase in value over time. However, until the investment is sold, these capital gains are unrealized-- in ...

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 ...

Valeant Pharmaceuticals got chastised by the SEC this year for its use of non-GAAP accounting to make its performance look better than it might have actually been, one in a long list of issues that ...

A new Accounting Standards Update establishes previously missing GAAP guidance related to the recognition, measurement, and ...