Discover the key differences in inventory accounting between GAAP and IFRS, including valuation methods, write-down reversals ...

Generally accepted accounting principles, known as GAAP, are a standard set of guidelines followed by US accountants and corporations. Since publicly traded companies are required to report GAAP ...

The new standard aims to improve accounting treatment of certain digital assets under GAAP and may pave the way for increased institutional adoption. On September 6, 2023, the Financial Accounting ...

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 ...

The trustees of the IFRS Foundation have included the U.S. Financial Accounting Standards Board among the national and regional standard-setters in the new Accounting Standards Advisory Forum, the new ...

WASHINGTON, Dec 8 (Reuters) - U.S. accounting rules must be pried apart from bank regulation to maintain investor confidence in capital markets, the top accounting rule maker said on Tuesday. Sign up ...

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

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