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 ...

non-GAAP figures reported. All public companies in the U.S. are required to use generally accepted accounting principles (GAAP). Financial statements created using these principles are filed on a ...

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 ...

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 ...

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 ...

A Management Report reviewing the Company’s third quarter 2024 financial results will be furnished to the Securities and Exchange Commission on Form 8-K and published on the Company’s website at https ...

The net loss for the year totaled $9.5 billion, compared to a net loss of $6.5 billion for the prior year, an increase of $3 ...

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 ...

This acquisition pursues Exosens' growth strategy, and would come in addition to the three transactions announced since its ...

One area where the Fair Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) agree is with the treatment of accounting changes. SFAS 154, Accounting Changes ...