Companies report their earnings according to GAAP, or generally accepted accounting principles, which is the common set of accounting principles that all companies are expected to follow. To get a clearer picture of core operating earnings, some companies also report adjusted, or non-GAAP, earnings....
Thegenerally accepted accounting principles (GAAP)are the standardized set of principles that public companies in the U.S. must follow. Thorough investment research requires an assessment of both GAAP and adjusted results (non-GAAP), but investors should carefully consider the validity of non-GAAP e...
题目What does "GAAP" stand for? A. General Accounting and Auditing Principles B. Globally Accepted Accounting Practices C. Generally Accepted Accounting Principles D. Government Accounting and Auditing Procedures 相关知识点: 试题来源: 解析 C 反馈 收藏 ...
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 sta...
GAAP is required for all publicly traded companies in the U.S.; it is also routinely implemented by non-publicly traded companies as well. Internationally, the International Accounting Standards Board (IASB) issues International Financial Reporting Standards (IFRS). ...
GAAP emerged in the 1970s and involved the following four major rules and standards: Accrual accounting methods.GAAP uses accrual accounting, which records revenue when a service or good is sold but not when payment is received; direct expenses for goods sold are recorded when a sale is transac...
Hi. I'm Jackie Jackson, and I'm going to explain to you the difference between non-GAAP and GAAP EPS. First, let's look at these acronyms. EPS is earnings per share, that's the amount of money that a company earns per each of the shares that they have distributed. GAAP stands ...
firms in their financial reports of financial measures that aren't part of Generally Accepted Accounting Principles (GAAP). The author offers a few examples, and comments about concerns on the part of the U.S. Securities and Exchange Commission related to the presentation of non-GAAP figures. ...
Generally accepted accounting principles (commonly referred to as GAAP or US GAAP) are the common accounting rules that must be followed when a U
Learning GAAP and its accounting principles will not only help you understand basic accounting, but it will help you analyze transactions and financial statments in the future. GAAP is developed by the FASB and makes up the generally accepted accounting