Learn the two GAAP criteria for revenue recognition and how companies can accurately report on their financial statements ...

There are two dominant systems of accounting used by corporations around the world. In the U.S., companies use the generally accepted accounting principles, or GAAP, while international companies use ...

Headline profit and GAAP EPS of $1.71 for Q2 2025 resulted almost entirely from a one-time asset sale rather than ongoing business operations. Q2 2025 marked the first revenue recognition ($0.4 ...

Learn the differences between the percentage of completion and completed contract methods. Discover how each impacts revenue ...