Investment U

What are Generally Accepted Accounting Principles (GAAP)?

When a public company issues a financial statement, everything needs to be clear and well-understood by everyone reading it. To ensure this, it’s paramount to have a baseline for reporting. That’s ...
Accounting Today

FASB plans new standards

The Financial Accounting Standards Board is making plans for its future projects, including digital assets, intangibles, government grants, and accounting for financial instruments with environmental, ...
Accounting Today

FASB issues standard on income statement expenses

The Financial Accounting Standards Board released an accounting standards update Monday to improve financial reporting by requiring public companies to disclose, in their interim and annual reporting ...
JournalofAccountancy

FASB seeks input on standard-setting priorities

FASB is seeking feedback from stakeholders to help shape its future standard-setting agenda. The Invitation to Comment (ITC), open through June 30, is part of an agenda consultation project in which ...
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FASB seeks feedback on standard-setting agenda

The Financial Accounting Standards Board (FASB) has issued an Invitation to Comment (ITC) to gather stakeholder feedback on its future standard-setting agenda. This focuses on enhancing financial ...
CFO Dive

FASB tax rule draws fresh heat in first annual reporting cycle

Under Accounting Standards Update 2023-09, companies must detail much more information on the income taxes they pay than was ...

Understanding Statement of Financial Accounting Concepts by FASB

Learn about the Statement of Financial Accounting Concepts issued by FASB, outlining financial reporting principles and their role in shaping GAAP standards.
Reuters

FASB issues new M&A accounting standard

NEW YORK, Dec 4 (Reuters) - The Financial Accounting Standards Board, which sets U.S. accounting rules, issued new rules for accounting for business combinations on Tuesday. The rules, known as FAS ...

Understanding Consolidated Financial Statements: Key Requirements and Examples

Learn about consolidated financial statements, the criteria for aggregation, reporting guidelines, and practical examples for parent companies with subsidiaries.
Seeking Alpha

Generally Accepted Accounting Principles (GAAP)

Generally accepted accounting principles, known as GAAP, are a standard set of guidelines followed by US accountants and corporations. Since publicly traded companies are required to report GAAP ...
TechRepublic

What Are Generally Accepted Accounting Principles (GAAP)?

What Are Generally Accepted Accounting Principles (GAAP)? Your email has been sent Understanding GAAP is essential for anyone involved in finance or accounting. Learn the key principles and their ...