A new Accounting Standards Update establishes previously missing GAAP guidance related to the recognition, measurement, and ...

Please note: This item is from our archives and was published in 2005. It is provided for historical reference. The content may be out of date and links may no longer function. here’s a new philosophy ...

Top Health & Life insurance agents in Dallas, says GAAP insurer revenue being down 12% doesn’t change the fact that these companies showed growth in 2022. One of the top health and life insurance ...

Most small businesses use cash-basis accounting. It's simpler, and it mimics the way people handle their personal finances. But as a business grows, it often becomes necessary to switch to ...

Elimination of the effects of consolidating VIEs. GAAP requires the Company to consolidate certain VIEs that (a) have issued debt obligations that are insured and controlled by the Company and (b) ...

Drilled into the head of every accounting student are the generally accepted accounting principles, or GAAP, that govern the process of accounting. These principles form the foundation on which ...