Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Accounting reflects ideologies. While western regulators fought to make accounts resemble economic reality, ...
Construction and engineering contracts normally use the percentage of completion method for revenue recognition. Under U.S. generally accepted accounting principles, the PCM is the preferred method ...
Iberdrola USA filed an S-4 with the SEC related to its acquisition of UIL. Previously, IUSA financials were based on IFRS, but the S-4 used US GAAP. This creates a unique opportunity to examine how ...
Accountants preparing and auditing financial statements for U.S. companies stand a good chance of encountering IFRS. The SEC requires financial statements to be filed in U.S. GAAP, and U.S. users of ...
Generally accepted accounting principles, known as GAAP, are a standard set of guidelines followed by US accountants and corporations. Since publicly traded companies are required to report GAAP ...
PricewaterhouseCoopers has released a useful report demonstrating the many differences that remain between U.S. GAAP and International Financial Reporting Standards. Despite more than a decade of work ...
In a significant shift in financial reporting, Celestica Inc (NYSE:CLS)., a prominent player in the Electronic Equipment industry with a market capitalization of $12.4 billion and impressive 136% ...
WASHINGTON, March 14 (Reuters) - The U.S. Securities and Exchange Commission said on Tuesday that IT services firm DXC Technology (DXC.N), opens new tab had made misleading disclosures about its ...
Knowing GAAP accounting principles will help you understand why your accountant does the things they do. Many, or all, of the products featured on this page are from our advertising partners who ...
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