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 quarterly basis.

Accounting principles are guidelines companies must follow when recording and reporting accounting transactions. GAAP and IFRS are the two major standards used worldwide. Accounting principles are ...

Generally Accepted Accounting Principles, often known by the acronym GAAP, is a set of accounting rules created to govern financial reporting for corporations in the United States. Publicly traded ...

The statement lacks further details, but you can easily see the trick being attempted here. Carney and his cohorts will ...

Q1 Generally Accepted Accounting Principles (GAAP) earnings per share (EPS) were $0.55, with an adjusted EPS of $0.64. "Johnson Controls is starting ...

Purpose: To provide an overview of the fundamentals for basic fund accounting and the financial reporting structure within the context of higher education accounting, Generally Accepted Accounting ...

However, it's not part of the generally accepted accounting principles (GAAP) and can only be used for internal management decisions. Cost accounting captures a company's total production costs ...

(Dollar amounts are in millions, except for per share amounts). Generally Accepted Accounting Principles (“GAAP”) require that we include the changes in unrealized gains/losses of our equity ...