Generally accepted accounting principles — or GAAP (pronounced “gap”) for short — are a group of accounting standards that are used to prepare financial statements for companies, not-for ...

House Republicans released a spending proposal that threatens to withhold funding from the Financial Accounting Standards ...

During the meeting, both boards exchanged updates on their respective activities and engaged in discussions on shared agenda ...

Generally Accepted Accounting Principles, often known by the acronym GAAP, is a set of accounting rules created to govern financial reporting for corporations in the United States. Publicly traded ...

The Financial Accounting Standards Board has released the latest version of the U.S. GAAP Taxonomy using the data-tagging technology, XBRL, or Extensible Business Reporting Language, which the ...

NYSE-Euronext is capitalizing on regulatory convergence to show issuers some of the benefits that it had hoped its transatlantic merger might be capable of. The exchange operator is benefiting from a ...

Non-GAAP accounting is on the rise. ... For the S&P 500, that leaves us with roughly 100 companies that are old-school enough to report GAAP. As a general rule, ...

Accounting challenges related to the coronavirus pandemic have resulted in numerous questions for FASB from financial statement preparers and practitioners. Shayne Kuhaneck, FASB’s acting technical ...

The following summarizes preliminary financials from April 1, 2020 to December 31, 2020. These results comply with US GAAP accounting standards, ...

The US Financial Accounting Standards Board (FASB) has released an Accounting Standards Update (ASU) to enhance the requirements for identifying the accounting acquirer in FASB Accounting ...

Companies often try to feed us earnings and revenue figures that they’ve “massaged." But are they being helpful or shady? Are Non-GAAP Numbers Worth Paying Attention To? | The Motley Fool ...