But the question of how, and when, profits are recognized for tax purposes is driven heavily by the application of ...

Examples of commonly changed estimates include bad-debt allowance, warranty liability, and depreciation. Accounting principle changes can also occur when older principles are no longer accepted or ...

The author and editors take ultimate responsibility for the content. Generally accepted accounting principles, or GAAP, is a set of accounting standards followed by most U.S. businesses ...

Generally accepted accounting principles (GAAP) require that all inventory reserves be stated and valued using either the ...

Don’t let familiarity hold you back from finding an accounting partner who can offer more than just the basics.

Vietnam’s recent regulatory reforms, aimed at aligning with international standards in reporting, accounting, and market ...

In business leadership, standing out requires far more than keeping up; it means setting the pace. Four essential principles ...

GAAP, or Generally Accepted Accounting Principles, accounting standards ... with non-GAAP numbers. For example, one-time costs suddenly become recurring costs. Synergies that were expected don ...

In a post-election roundup of letters, other writers assess blame, share worries about the future and offer some advice for ...

Here’s a comprehensive guide on how to achieve accurate financial reports that drive informed business decisions.

One of the most-watched events of the month -- at least in technology and financial circles -- may be what's happening on Nov ...