IFRS vs. U.S. GAAP: Key Differences in Accounting Standards

Explore the major differences between IFRS and U.S. GAAP, including inventory write-downs, intangible assets, and accounting ...
TechRepublic

What Are Generally Accepted Accounting Principles (GAAP)?

What Are Generally Accepted Accounting Principles (GAAP)? Your email has been sent Understanding GAAP is essential for anyone involved in finance or accounting. Learn the key principles and their ...
Forbes

What Late-Stage Private Companies’ Accounting And Finance Teams Need

This article is third in a series of pieces centered around the necessities of a company’s accounting (and finance) based on its stage of development. Many companies either over- or under-invest in ...
Medicine Buffalo

Study shows how accounting practices distort economic reality

Accounting standards don’t properly reflect the difference between losses driven by investments and actual business performance shortfalls, according to new School of Management research. Forthcoming ...

HIFO Accounting Explained: Differences With LIFO and FIFO

Discover how HIFO inventory accounting contrasts with LIFO and FIFO methods, and why it impacts COGS and taxable income, ...
University of Texas at San Antonio

Grants and Contracts Accounting Practices

This guideline outlines the accounting practices applied by the UTSA Office of Financial Affairs to restricted funds received as grants and contracts (sponsored projects). For information on the ...
CoinTelegraph

SEC rejects MicroStrategy‘s Bitcoin accounting practices: Report

Business intelligence firm MicroStrategy reportedly acted contrary to the Securities and Exchange Commission’s (SEC‘s) accounting practices for its crypto purchases. GAAP rules are seemingly not ...
Seeking Alpha

Generally Accepted Accounting Principles (GAAP)

Generally accepted accounting principles, known as GAAP, are a standard set of guidelines followed by US accountants and corporations. Since publicly traded companies are required to report GAAP ...