Learn to report contingent liabilities under GAAP. Understand probability categories—probable, possible, remote—and how to ...

Discover auditing evidence that ensures financial accuracy and compliance. Explore key characteristics and examples crucial ...

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 ...

Transitioning from cash-basis or tax-based accounting to generally accepted accounting principles, or GAAP, can be a difficult process for restaurants. GAAP requires owners to follow more nuanced ...

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 ...

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 ...

The standard GAAP accounting measures are less and less useful to investors, according to a new book with the provocative title, “ The End of Accounting.” The book, by New York University accounting ...

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 the SEC criticized Valeant Pharmaceuticals over its use of non-GAAP reporting, it seemed like a regulator barking at a company known for pushing the limits. But now the agency has fired a warning ...

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, ...

Generally accepted accounting principles, known as GAAP, are a standard set of guidelines followed by US accountants and corporations. Since publicly traded companies are required to report GAAP ...