Understanding Pro Forma vs. GAAP Financial Statements: Key Differences

Discover the crucial differences between pro forma and GAAP financial statements. Learn why companies use both and the ...

Key Financial Reporting Requirements Under GAAP Explained

Discover the three essential financial statements required by GAAP: income statement, balance sheet, and cash flow statement, ...
Houston Chronicle

How Are Financial Statements Presented in Accordance With GAAP?

External audits focus on whether and how well a business's financial statements adhere to generally accepted accounting principles, or GAAP. The objective of GAAP is to standardize and regulate ...
Transport Topics

Opinion: Consider GAAP Financial Statements

This Opinion piece appears in the June 29 print edition of Transport Topics. Click here to subscribe today. Finding quality financing for trucks and trailers recently has become more difficult for ...
The Motley Fool

GAAP vs. Non-GAAP: Everything You Need to Know

GAAP standards provide uniform financial reporting, critical for investors and auditors comparing companies. Non-GAAP results adjust GAAP figures to highlight specific financial aspects, but they ...
JournalofAccountancy

Exercising caution with non-GAAP measures and disclosures

Many companies supplement GAAP financial reporting with individually tailored accounting information. While these non-GAAP disclosures might provide useful information about an entity, financial ...