All publicly traded companies must annually disclose their financial performance to the public: GAAP audits ensure that these disclosures are valid. Every year, independent accountants review a ...
The Canadian Securities Administrators (“CSA”) published for comment proposed amendments (the “Proposed Amendments”) to ...
Understanding how companies make adjustments to GAAP earnings will help investors round out their tool kit. When earnings season gets under way and investors start listening to calls and reading ...
A new 23-page Technical Question & Answer (TQA) document issued by the AICPA will help preparers and practitioners determine if their client is a public business entity under the updated U.S. GAAP ...
For example, “sales per square foot” was listed in SN 52-306 among other performance measures “not considered to be non-GAAP financial measures”, but would become a non-GAAP measure (unless the ratio ...
REDMOND, Wash. — July 18, 2019 — Microsoft Corp. today announced the following results for the quarter ended June 30, 2019, as compared to the corresponding period of last fiscal year: Revenue was $33 ...
Revenue was $77.7 billion and increased 18% (up 17% in constant currency) Operating income was $38.0 billion and increased 24% (up 22% in constant currency) Net income, on a GAAP basis, was $27.7 ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. According to the Financial Accounting Standards Board’s ...
REDMOND, Wash. — October 26, 2021 — Microsoft Corp. today announced the following results for the quarter ended September 30, 2021, as compared to the corresponding period of last fiscal year: Revenue ...