Generally accepted accounting principles, or GAAP, is a set of accounting standards followed by most U.S. businesses, nonprofit organizations, and state and local governments. GAAP is industry ...
The codification, or “cod” as it is sometimes known, is effectively the bible for GAAP. The online document was launched in 2009, replacing a paper-based system by which FASB issued printed copies of ...
It’s no secret that proxy statements are rapidly evolving into full-blown marketing documents ... As a result, non-GAAP financial measures are starting to routinely creep into proxy statements.