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

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 ...

Santa Cruz County filed a civil lawsuit in Maricopa County Superior Court today against the State of Arizona and Lindsey A. Perry, Auditor General of the State ...

Accounting principles are general guidelines that govern the methods of recording and reporting financial information. When an entity chooses to adopt a different method from the one it currently ...

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

A top priority for ADM's CFO and management team is to regain investor confidence by providing accurate financial statements, ...

Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to provide the following third quarter ...

Construction accounting software allows contractors and other construction professionals to accurately track money coming into and out of their businesses. Unlike general accounting software, ...

Currently, companies typically include in their income statements expense captions for selling, general and administrative expenses, cost of ...