GAAP Guidelines: How to Apply Inventory Reserves

Learn how GAAP applies to a company's inventory reserves, using cost or market value methods, and its impact on accounting standards and financial planning.
Accounting Today

GASB finds widespread use of GAAP in states and localities

The Governmental Accounting Standards Board released a study Monday on utilization of GAAP among state and local governments and found all the states are using GAAP, but only about three-quarters of ...
JournalofAccountancy

Exercising caution with non-GAAP measures and disclosures

Many companies supplement GAAP financial reporting with individually tailored accounting information. While these non-GAAP disclosures might provide useful information about an entity, financial ...
Forbes

S&P 500 & Sectors: GAAP Vs Core Earnings Update For 2Q24

Forbes contributors publish independent expert analyses and insights. #1 stock picker for 51 straight months on SumZero. AI is my edge. Movement in Core Earnings and GAAP earnings were quite different ...
The Motley Fool

GAAP vs. Non-GAAP: Everything You Need to Know

When you read financial statements, you may see GAAP vs. non-GAAP figures reported. All public companies in the U.S. are required to use generally accepted accounting principles (GAAP). Financial ...