When Should a Company Recognize Revenues on Its Books?
According to generally accepted accounting principles (GAAP), there are two criteria a company must meet before it can record ...
The Motley Fool8 个月
GAAP vs. Non-GAAP: Everything You Need to Know
GAAP standards provide uniform financial reporting, critical for investors and auditors comparing companies. Non-GAAP results adjust GAAP figures to highlight specific financial aspects ...
Accounting Today1 天
FASB issues standard on income statement expenses
In response to demand from investors, public companies will be required to disclose more information about certain expenses in the notes to financial statements.
Accountancy Age6 小时
FASB targets greater transparency with latest accounting standards update
The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) that mandates new expense ...
Harvard Business School6 年
Implications for GAAP from an Analysis of Positive Research in Accounting
Kothari, S.P., Karthik Ramanna, and Douglas J. Skinner. "Implications for GAAP from an Analysis of Positive Research in Accounting." Journal of Accounting & Economics 50, nos. 2-3 (December 2010): 246 ...
How Do Investors and Lenders Benefit From Financial Accounting?
Investors and lenders rely on financial accounting to obtain critical information about the financial stability and risks of ...
Accounting Today6 天
FASB proposes to clarify guidance on acquirer in business combinations
The proposed ASU would set more consistent requirements for determining the acquirer when a transaction is achieved by ...