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 ...

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, ...

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 ...

According to generally accepted accounting principles (GAAP), there are two criteria a company must meet before it can record ...

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

believed the Company’s had met their client obligations and recorded revenue in line with United States Generally Accepted Accounting Principles (GAAP). The company’s auditors likely used ...

Under current Generally Accepted Accounting Principles, how companies are required to capitalize software development costs for so-called internal-use software is dependent on the type of the costs ...