Product warranties present manufacturers with a bit of a conundrum. The warranties offered on a product are a part of what the customer purchases when he decides to buy the product in the first place.

Discover the key differences between IFRS and GAAP accounting standards, and learn how they impact financial reporting for businesses globally.

Insurance companies have different financial transactions than most other businesses that buy supplies and then make sales or offer services. Insurance companies may pay claims up front and then try ...

Nicolas Pologeorgis has 24+ years of experience in academic consulting. He has held administrative and faculty positions in various institutions. Chip Stapleton is a Series 7 and Series 66 license ...

Accrual accounting is the preferred approach for companies reporting their financial statements under generally accepted accounting practices (GAAP), which are issued through the standards of the ...

Using standard accounting methods benefits any small business. For those looking to level up their financial reporting, adopting generally accepted accounting principles (GAAP) can unlock new ...

The standard GAAP accounting measures are less and less useful to investors, according to a new book with the provocative title, “ The End of Accounting.” Processing Content The book, by New York ...

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 ...