The author and editors take ultimate responsibility for the content. Generally accepted accounting principles, or GAAP, is a set of accounting standards followed by most U.S. businesses ...

According to generally accepted accounting principles (GAAP), there are two criteria a company must meet before it can record ...

Notable accounting errors and a federal investigation have kept the U.S. agricultural giant Archer-Daniels-Midland Co. (ADM) ...

On the balance sheet, spotting creative accounting practices can be broken down into three categories for analysis: assets, ...

With the debt ceiling being raised yet again to avoid a government shutdown, now is the time to address the root cause of the ...

Higher third quarter funds flow from operations of $124.7 million ($1.64 per share)— a 34 percent increase over the third ...

Cencora, Inc. (NYSE: COR) today reported that in its fiscal year 2024 fourth quarter ended September 30, 2024, revenue increased 14.7 percent to $79.1 ...

The Controller’s Office is responsible for oversight of the collection and disbursement of funds and appropriate recording and reporting of all financial transactions for the University in accordance ...

Western Union also revised its 2024 guidance. The company now expects to book revenue of nearly $4.13 billion to $4.20 ...

Grand County officials and the state auditor’s office have reached a tentative agreement to release withheld state-allocated ...

Type 2 diabetes drug Mounjaro and weight-loss drug Zepbound remained the brightest stars in Lilly's lineup. Mounjaro's sales more than doubled year over year to $3.1 billion. Sales for Zepbound, which ...

This compares to previous guidance of ($67.5) million. Adjusted EBITDA is a financial measure that is not prepared in accordance with generally accepted accounting principles in the United States ...