While companies in the United States operate under the generally accepted accounting principles (GAAP), most other countries use the International Financial Reporting Standards (IFRS). There are ...

The codification, effectively the bible for generally accepted accounting principles, was last updated in 2020.

GAAP earnings are a common set of standards accepted and used by companies and their accounting departments. GAAP earnings are used to standardize the financial reporting of publicly traded companies.

FASB News GAAP Codification Improvements to be Deliberated FASB is set to convene on September 18 to deliberate on ...

Understanding the various types of accounting methods is crucial for any business or individual looking to manage their ...

The Financial Reporting Council (FRC) issued the final amendments to UK and Ireland accounting standards arising from its ...

With that in mind, here are eight accounting niches you should consider. An accounting niche is when an accounting company ...

“Ex-President Trump testified during his trial that, due to how flexible GAAP was, he considered his personal financial statements ... He is suggesting four changes to the accounting rules in the ...