Generally accepted accounting principles, or GAAP, is a set of accounting standards ... In addition to these 10 primary principles, companies are expected to adhere to four additional principles ...

J.P. Nodier / Getty Images Generally accepted accounting principles (GAAP) require that all inventory reserves be stated and valued using either the cost or the market value method, whichever is ...

David has helped thousands of clients improve their accounting and financial systems, create budgets, and minimize their taxes. One area where the Fair Accounting Standards Board (FASB ...

the FASB voted to move forward with a narrower proposal to improve software cost guidance and provide more flexible and “targeted improvements” to existing standards contained in Intangibles—Goodwill ...

Instead, the proposed ASU would offer greater clarity about the current interim reporting requirements. The amendments in the proposed ASU would clarify that the guidance in Topic 270, the part of the ...

FASB, GASB Trustees to Discuss New Proposals and Rules The Financial Accounting Foundation (FAF), the governing body responsible for overseeing the development of U.S. Generally Accepted Accounting ...

The Financial Accounting Standards Board issued an invitation to comment Thursday requesting input on financial key performance indicators such as EBITDA and free cash flow and how they should be ...

The threshold criteria the agencies use for determining deals that get reviewed are based on valuations measured by generally accepted accounting principals, but the lion’s share of companies’ value ...

FASB published a proposed Accounting Standards Update (ASU) that is intended to improve the requirements for identifying the accounting acquirer in FASB ASC Topic 805, Business Combinations. The ASU ...

Shares of The Trade Desk ( TTD -5.60%) were falling today as a solid earnings report wasn't enough to please investors in the ...