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 ...

Nassau’s budget needs a giant dose of sunlight and accountability,” Nassau Residents for Good Government wrote. “Since the ...

Linden Community Schools joins other area districts in receiving top marks on its latest financial audit. The Board of ...

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

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 ...