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 ...

Accounting principles are the rules that public companies must use when preparing and disclosing their financial statements.

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 ...

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, ...

Imagine you're about to purchase a manufacturing company. Your final decision comes down to two profitable enterprises, and you have their financial reports on your desk. These reports are the basis ...

Michael Kwatinetz is a managing partner with Azure Capital Partners, an early stage venture capital firm. Kwatinetz has a Ph.D. in mathematical modeling and an MBA in accounting; he is also a ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Improper use of non-GAAP measures, which has been an item of scrutiny in public company reporting for years, remains an area of concern for the SEC staff. “The regulations and guidance over non-GAAP ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...