When you read financial statements, you may see GAAP vs. non-GAAP figures reported. All public companies in the U.S. are required to use generally accepted accounting principles (GAAP). Financial ...

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

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 ...

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

Non-GAAP financial measures are financial metrics that are not based on standard accounting principles but are presented by a company to provide additional insight into its performance. These measures ...

* SEC takes issue with Valeant's practice of stripping out acquisition-related costs from Non-GAAP measures - WSJ,citing SEC comment letters to Valeant ...

The use of non-GAAP financial measures by public companies continues to be a focus of attention for the U.S. Securities and Exchange Commission (“SEC”). In the last two decades, the SEC has observed ...

The Financial Accounting Standards Board will evaluate two weighty issues in 2025 on how companies report their performance ...