Discover the key differences between IFRS and GAAP accounting standards, and learn how they impact financial reporting for ...

Discover the three essential financial statements required by GAAP: income statement, balance sheet, and cash flow statement, ...

If you run a small business, you may not know much about the Generally Accepted Accounting Principles (GAAP). After all, GAAP standards apply mainly to publicly traded companies, so these rules don’t ...

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 ...

Many companies supplement GAAP financial reporting with individually tailored accounting information. While these non-GAAP disclosures might provide useful information about an entity, financial ...