Understanding Statements of Financial Accounting Standards (SFAS)

Discover how Statements of Financial Accounting Standards (SFAS) guide U.S. accounting principles. Learn about their impact and why they've been replaced.
Seeking Alpha

Generally Accepted Accounting Principles (GAAP)

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 ...

How Should a Change in Accounting Principles Be Recorded and Reported?

Learn about changes in accounting principles and why businesses make them, as well as the reporting and recording ...

FASB finalizes new government grant accounting standards

The standards update fills a gap in the generally accepted accounting principles that previously left many companies turning ...
Journal of Accountancy

FASB issues standard to improve interim reporting

The Accounting Standard Update aims to clarify existing reporting requirements, in part by creating a comprehensive list of ...
TechRepublic

What Are Generally Accepted Accounting Principles (GAAP)?

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 ...