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 ...

A landmark research study by GASB has provided one of the most detailed examinations to date of how state and local ...

Reviewed by Amy Drury Fact checked by Suzanne Kvilhaug Accrual Accounting Methodology Accrual accounting is the preferred approach for companies reporting their financial statements under generally ...

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 ...

Read about private equity accounting and how it is different than that of other investment vehicles. The nature of private ...

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

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...

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 ...

Accounting related to revenue recognition issues has been one of the thornier subjects tripping up report preparers in recent ...

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.

Program Goal #1: GAAP Based Financial Statements - Demonstrates ability to properly prepare an intermediate-level, full set of GAAP-based financial statements (without footnote disclosures). Student ...