Discover the three essential financial statements required by GAAP: income statement, balance sheet, and cash flow statement, ...

Discover how absorption costing is used in GAAP for external reporting. Learn its components and why it's essential for ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Accounting principles help hold a company’s financial ...

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 ...

GAAP standards provide uniform financial reporting, critical for investors and auditors comparing companies. Non-GAAP results adjust GAAP figures to highlight specific financial aspects, but they ...

More businesses are beginning to accept cryptocurrencies, including stablecoins, as a form of payment in addition to more traditional methods such as cash and credit card. Properly accounting for ...

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, ...

The 2019 third quarter earnings season is approaching its end with over 400 S&P 500 companies having already reported results. A key part of these results for investors is the company’s earnings, and ...

Non-GAAP operating income was $323 million, with a non-GAAP operating margin of 12.7%, a sequential increase of 40 basis points. Adjusted EBITDA reached $379 million (14.8% margin), while non-GAAP net ...

Management to participate in fireside chat and one-on-one meetings at 28th Annual Needham Growth Conference January 14, ...

Is a company making profit or a loss? It’s undoubtedly an important question in the minds of managers, investors, bankers, and boards of directors (investors would like to buy shares of, and banks ...