Support trusted local news with a donation today. Give now for a chance to get your gift MATCHED. It’s the budgetary day of reckoning that state officials have avoided for nearly two decades. But when ...
Gov. Dannel P. Malloy reaffirmed his commitment Wednesday to keep the state’s finances in balance without further tax hikes — and to continue the conversion to Generally Accepted Accounting Principles ...
To see the difference between the current modified cash method used by the state of Connecticut and the new GAAP modified accrual method, take a look at the footnotes on page 64 of the State of ...
Non-GAAP accounting is on the rise, with roughly 75% of companies reporting non-GAAP earnings and about 20% of companies reporting a non-GAAP profit despite a GAAP loss. Aggregate earnings appear to ...
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