There are differences between how the U.S. Generally Accepted Accounting Principles (GAAP) and the International Financial ...

GAAP standards provide uniform financial reporting, critical for investors and auditors comparing companies. Non-GAAP results adjust GAAP figures to highlight specific financial aspects, but they ...

Reviewed by Amy Drury Fact checked by Suzanne Kvilhaug Accrual Accounting Methodology Accrual accounting is the preferred ...

GASB released a study on utilization of GAAP among state and local governments and found all the states are using GAAP, but only about three-quarters of localities are.

We need a unified approach to cyber risk management that integrates financial oversight with a cybersecurity strategy.

News and in-depth features about tax, accounting, auditing, and other business topics. Published by the American Institute of CPAs ...

Purpose: To provide an overview of the fundamentals for basic fund accounting and the financial reporting structure within the context of higher education accounting, Generally Accepted Accounting ...

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

The FASB issued a proposed Accounting Standards Update intended to improve the accounting and disclosures for investments in tax credit structures. FASB issued a proposed Accounting Standards Update ...