There is no specific definition of non-GAAP. It generally refers to any accounting method that is not GAAP, meaning measures that don’t follow the set standard calculation. One may also call non-GAAP as adjusted earnings. Also Read:Importance of GAAP Companies can report non-GAAP accounting ...
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【What does Non GAAP earning really mean ? 】 总是看到各公司宣布GAAP EPS和Non GAAP EPS,但对Non GAAP EPS不大明白,只知道它是非公认会计准则盈余,或者叫调整盈余,但到底怎么调整的始终没有整明白,看过的几本书上也没写明白,金融字典里也没有清楚的解释。今天终于查到一篇详细解释的文章,Copy到这里收藏。
GAAP vs GAAS – Meaning GAAP stands for Generally Accepted Accounting Principles, and as said above, it helps companies in preparing their financial statements. Or, we can say that GAAP guides on the accounting aspects of the transaction or what treatment a particular transaction should get. Compa...
Definition:GAAP stands for Generally Accepted Accounting Principles. As the name implies, these principles make up the rules and concepts of financial accounting that are generally accepted in the United States. GAAP is the standard in accounting. The entire point of GAAP is to make financial state...
GAAP: Requires assets in order of liquidity, with the most liquid assets listed first—that is, current assets, non-current assets, current liabilities, non-current liabilities, and owners’ equity. IFRS: Suggests putting assets in the opposite order of liquidity, with the least liquid assets li...
Generally Accepted Accounting Principles (GAAP) is a framework of accounting standards, rules and procedures defined by the accounting industry.
US GAAP and IFRS are the two accounting standards used by public companies, but there are financial reporting differences to be aware of.
GAAP accounting isaccrual accounting, meaning revenue is recorded the moment a good or service is sold, not when money changes hands. Direct expenses are noted at the time of sale, while indirect expenses are recorded once the expense is paid. Accrual-based accounting gives an accurate snapshot...
Both systems require that inventory be written down as soon as its cost is higher than its net realizable value. In a sense, this means the inventory is "underwater." Sometimes the net realizable value changes and adjusts back up; meaning, for some reason, the inventory assets haveappreciate...