non-GAAP figures reported. All public companies in the U.S. are required to use generally accepted accounting principles (GAAP). Financial statements created using these principles are filed on a ...

FASB is seeking feedback on a proposed Accounting Standards Update (ASU) that addresses 34 issues in its codification. The "targeted improvements" to the FASB Accounting Standards Codification are a ...

It seemed inevitable that the Securities and Exchange Commission (SEC) would abandon its devotion to the U.S. Generally Accepted Accounting Principles (GAAP) and adopt the Esperanto-like ...

Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin holdings was for GAAP purposes and would have had no effect on adjusted EPS.