Using standard accounting methods benefits any small business. For those looking to level up their financial reporting, adopting generally accepted accounting principles (GAAP) can unlock new ...

I ran for Congress on the idea that the national books of the U.S. government were not being kept in a transparent, modern accounting framework. I won.

Managers and investors would struggle to interpret financial statements without U.S. Generally Accepted Accounting Principles (GAAP). As reported in the Wall Street Journal, GAAP provides a ...

Private companies are calling for their own accounting playbook. While privately held companies easily make up the majority of businesses in the U.S., they still are governed by the same set of basic ...

Meta Platforms’ true profits and growth are underestimated due to accounting items. Learn how this affects META stock ...

The Financial Accounting Standards Board, FASB, is a private, independent organization that since 1973 has been given the authority by the U.S. Securities and Exchange Commission, or SEC, to establish ...

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, ...

There have been questions recently as to where and how investors can check out those to whom they entrust their money. The best Internet site for this purpose is BrokerCheck.com. While not infallible, ...

The American Institute of CPAs and state societies want to introduce high school students to the accounting profession, as ...

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 ...