All public companies in the U.S. are required to use generally accepted accounting principles (GAAP). Financial statements created using these principles are filed on a quarterly basis.

Generally accepted accounting principles (GAAP) is a technical accounting term that encompasses the conventions ... Office of Management and Budget (OMB), or other professional associations or ...

All listed public companies in the US reporting to the Securities and Exchange Commission must follow all GAAP accounting principles in their periodic filings. Conversely, SAP accounting standards ...

The Louisiana-based utility company paid the Securities and Exchange Commission $12 million to settle the charges.