Discover the three essential financial statements required by GAAP: income statement, balance sheet, and cash flow statement, ...

Discover how absorption costing is used in GAAP for external reporting. Learn its components and why it's essential for ...

The GAAP approves four different methods for depreciating business assets: the straight-line method, the units of production method, the declining balance method and the sum-of-the-year's-digits ...

Many companies, large and small, offer a broad range of products and services to their customers. Often these product and service sales are negotiated at the same time with a single customer, ...

Q1 Non-GAAP EPS of $0.49 beats by $0.05. Revenue of $343M (+0.6% Y/Y) beats by $1.06M. As of January 6, 2026, Penguin ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Accounting principles help hold a company’s financial ...

More businesses are beginning to accept cryptocurrencies, including stablecoins, as a form of payment in addition to more traditional methods such as cash and credit card. Properly accounting for ...

GAAP standards provide uniform financial reporting, critical for investors and auditors comparing companies. Non-GAAP results adjust GAAP figures to highlight specific financial aspects, but they ...

Jefferies Financial Q4 GAAP earnings fell short of the Wall Street consensus as the investment firm due a markdown and pretax loss it recorded for a fund it holds an equity interest in. Jefferies (JEF ...

Management to participate in fireside chat and one-on-one meetings at 28th Annual Needham Growth Conference January 14, ...