Explore OCBOA, a flexible non-GAAP accounting framework that includes tax-basis, cash-basis, and statutory accounting, offering an easier, cost-effective alternative for financial statements.

Explore the major differences between IFRS and U.S. GAAP, including inventory write-downs, intangible assets, and accounting ...

Non-GAAP accounting is on the rise, with roughly 75% of companies reporting non-GAAP earnings and about 20% of companies reporting a non-GAAP profit despite a GAAP loss. Aggregate earnings appear to ...

GAAP accounting stands for generally accepted accounting principles. These principles are a set of standardized rules that accountants use. Companies that sell public stock and release financial ...

Generally accepted accounting principles, or GAAP, is a set of standards used by accountants across all areas of business and industry in the United States. This standardizes presentation of financial ...

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 ...

The FASB also announced earlier this month the availability of the 2025 DQC Rules Taxonomy (DQCRT) and 2025 GAAP Meta Model Relationships Taxonomy (MMT), which together with the GRT, SRT and the EBPT ...

Tesla somewhat unexpectedly earned a modest profit in the first quarter of this year, which naturally raised expectations for the following quarter. And in a letter to shareholders pegged to today’s ...

Accountants preparing and auditing financial statements for U.S. companies stand a good chance of encountering IFRS. The SEC requires financial statements to be filed in U.S. GAAP, and U.S. users of ...

Corporate America is suddenly discovering it owes Uncle Sam a lot of money -- and investors are suffering as a result. In the past few weeks a series of major companies, including photographic firm ...

Last week, I reviewed evidence indicating the SEC is likely investigating Tesla for non-disclosure of the fatal autopilot crash, as well as the company’s use of non-GAAP revenue. The comments to that ...