Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Accounting reflects ideologies. While western regulators fought to make accounts resemble economic reality, ...

Construction and engineering contracts normally use the percentage of completion method for revenue recognition. Under U.S. generally accepted accounting principles, the PCM is the preferred method ...

In a significant shift in financial reporting, Celestica Inc (NYSE:CLS)., a prominent player in the Electronic Equipment industry with a market capitalization of $12.4 billion and impressive 136% ...

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 ...

HIVE Digital Technologies Ltd (NASDAQ:HIVE) shares are trading higher on Tuesday. The company disclosed the strategic relocation of its headquarters from Vancouver, Canada, to San Antonio, Texas. The ...

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 ...

WASHINGTON, March 14 (Reuters) - The U.S. Securities and Exchange Commission said on Tuesday that IT services firm DXC Technology (DXC.N), opens new tab had made misleading disclosures about its ...

Have There Been Benefits to the Convergence Process? Gven this background, the purpose of this discussion is twofold: to provide a review of the events surrounding the convergence movement over the ...

PricewaterhouseCoopers has released a useful report demonstrating the many differences that remain between U.S. GAAP and International Financial Reporting Standards. Despite more than a decade of work ...

Accountants preparing and auditing financial statements for U.S. companies stand a good chance of encountering IFRS. The SEC requires financial statements to be filed in U.S. GAAP, and U.S. users of ...