GAAP provides standardized reporting for financial transparency, aiding investment comparisons. Public companies must follow GAAP as mandated by the SEC, aiding investor assessments. GAAP ensures ...

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 ...

While not perfect, generally accepted accounting principles are considered the gold standard of accounting rules. Corporations throughout the country use GAAP to prepare their financial statements.

Russell Golden, the recently appointed chairman of the Financial accounting Standards Board, discussed the road ahead for the board after it marked its 40th anniversary earlier this year, as it ...

Private companies are calling for their own accounting playbook. While privately held companies easily make up the majority of businesses in the U.S., they still are governed by the same set of basic ...

Mike Price is a 23 year-old Masters of Finance graduate who first started learning about investing on the Motley Fool when he was 13. He is currently seeking a job. *$129 for two years is a ...

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, ...

The Financial Accounting Standards Board is weighing feedback it has received in more than 100 comment letters as well as ...

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 ...