What are some of the most important recent changes in U.S. GAAP Accounting Standards? Why is it important for public and ...

Trump's $250M fraud trial hinges on whether he followed generally accepted accounting principles. In an effort to keep our readers awake, we asked two accountant-comedians to explain the wonkiness.

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 ...

KraftCPAs Member Tracy Thomas writes that we should soon have a decision from the Financial Accounting Foundation on a recommendation by a blue-ribbon panel to develop a set of accounting standards ...

The FASB also announced earlier this month the availability of the 2025 DQC Rules Taxonomy (DQCRT) and 2025 GAAP Meta Model Relationships Taxonomy (MMT), which together with the GRT, SRT and the EBPT ...

When a company or individual makes an investment, the obvious goal is for that investment to increase in value over time. However, until the investment is sold, these capital gains are unrealized -- ...

NEW YORK--(BUSINESS WIRE)--The XBRL US Data Quality Committee (DQC) has published its 18th Rule Set for a 45-day public review and comment period, which closes on May 30, 2022. The freely available ...

GAAP, which stands for generally accepted accounting principles, is the set of accounting standards followed by most U.S. businesses, not-for-profit organizations, and state and local governments, as ...