GAAP, which stands for generally accepted accounting principles, is the set of accounting standards followed by most U.S. businesses, not-for-profit organizations, and state and local governments, as ...

If the thought of organizing your business financial statements gives you a headache, announcements from two leading U.S. accounting trade groups today should offer some welcome relief. The American ...

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 ...

American accounting contains an awkward contradiction. Though 99.7 percent of the country's 4.9 million corporations are privately held, a good deal of the country's generally accepted accounting ...

The Center for Audit Quality has created a tool to help audit committees navigate the thicket of questions they should be asking in light of increased scrutiny of corporate use of non-GAAP accounting ...

Canadian regulators are warning companies not to mislead investors with non-standard financial measures in their press releases and other securities filings, and have asked some companies to change ...

Gain the skills and knowledge to measure a company's profitability, assess its strengths and weaknesses and understand the main drivers of value. Become an expert user of financial statements.

Legendary film star Mae West once remarked, a little knowingly, that “too much of a good thing can be wonderful.” But in the financial world, where access to information is generally considered a very ...