Theresa Chiechi / Investopedia The responsibility of enforcing and shaping generally accepted accounting principles ... plans to seek funding from private equity firms and institutionalize ...

When you read financial statements, you may see GAAP vs. non-GAAP figures reported. All public companies in the U.S. are required to use generally accepted accounting principles (GAAP).

Public companies are considered to be held to a higher standard because of their mandate to follow generally accepted accounting principles ... liabilities, and equity. Here we’ll explore ...

Purpose: To provide an overview of the fundamentals for basic fund accounting and the financial reporting structure within the context of higher education accounting, Generally Accepted Accounting ...

Although they may choose to, private U.S. companies are not obligated to follow GAAP. Following accounting principles is a requirement for any public company that creates and issues public ...