Investopedia

Generally Accepted Accounting Principles (GAAP): Definition and Rules

U.S. public companies must follow the GAAP rules in preparing their financial statements David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, ...
Houston Chronicle

Definition of a GAAP Audit

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 ...
JournalofAccountancy

AICPA offers advice on public business entity determination

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 ...
JD Supra

Non-GAAP Financial Metrics and Disclosures: Regulation G and Item 10(e) of Regulation S-K

Non-GAAP financial measures are financial metrics that are not based on standard accounting principles but are presented by a company to provide additional insight into its performance. These measures ...
Wall Street Journal

SEC Expected to Raise More Questions About How Firms Calculate Non-GAAP Measures

SEC Expected to Raise More Questions About How Firms Calculate Non-GAAP Measures Some businesses have been told to remove certain adjustments in future financial statements to avoid violating rules ...