Deferred taxes are one of the main reasons to hate Generally Accepted Accounting Principles.
How big would the federal debt be if it were reported under Generally Accepted Accounting Principles (GAAP)?
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The U.S. uses Generally Accepted Accounting Principles (GAAP), which are deemed to have a relatively high standard.
According to the report, the SEC started the whole charade by delegating its authority over accounting principles back in 1938.
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FH, which is contesting the penalty, says it was just following accepted accounting principles at the time.
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At the same time, the profession is trying to hammer out a better system of producing accounting principles.
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Seifert's departure is not based on any disagreement over the Company's accounting principles or practices, or financial statement disclosures.
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SEC, is aghast at the ignorance of basic accounting principles in many companies.
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These professionals manage the accounting functions under the general direction of the controller, including establishing and maintaining accounting principles, practices, and procedures.
For the rest, he says, the benefits of switching from America's generally accepted accounting principles are minimal and will not justify the costs.
For one thing, American stock exchanges cannot list the shares of overseas companies that do not follow America's generally accepted accounting principles (GAAP).
On a conference call this morning, Bonfield indicated that there were also other ways in which Bristol's bookkeeping deviated from generally accepted accounting principles.
The Financial Accounting Standards Board, which is responsible for developing accounting principles, does not appear to view providing investors with meaningful information as a priority.
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The Financial Accounting Standards Board, established in 1973 by the AICPA and four other professional groups to set all accounting principles, is due for some organizational changes.
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Then Kenney learned that the deal, the biggest in the company pipeline, could not be booked under generally accepted accounting principles until a contingency--school board approval--was met.
Net cash flow is generally defined as the profits of a business plus non-cash expenses, but it is not a term recognized by generally accepted accounting principles.
The confrontation between the accounting profession and its critics has two distinct but related rounds: Round One is over accounting principles--the rules specifying acceptable methods of measuring company finances.
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The performance criteria used to determine the annual bonuses for the named executive officers were net sales and operating income as determined in accordance with generally accepted accounting principles.
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To the guardians of accounting principles, the best cure for wanton stock-options grants, which made billions of dollars for insiders before the market came crashing down, is to expense them.
But SaaS suppliers, almost to a man, are still loss-making. 2013 must be the year when they demonstrate (or not) that you can make profits from the model using acceptable accounting principles.
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In 1971, for example, the now-defunct Accounting Principles Board, in the interest of conservative financial reporting, stated that the investment tax credit should be amortized over the life of the asset for which it applies.
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In order to provide comparability with the results of other US wireless carriers, all financial amounts are in US dollars and are based on accounting principles generally accepted in the United States ("GAAP").
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The figures are a set of financial records for the entire UK public sector, from 1 April 2009 to 31 March 2010 - under the previous Labour government - based on commercial accounting principles.
The prospects and desirability of convergence between U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) have been much debated, but the SEC has not yet decided whether and how to proceed.
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Firms that list on Germany's Neuer Markt must choose between accepted American or international accounting principles and must file quarterly accounts in German and English an explicit acknowledgment that the market for their shares is international.
America had insisted that any global agreement would have to follow its own accounting principles, but in the wake of Enron and myriad other accounting scandals it was forced to soften its attitude to European practices.
Knowing how to apply accounting principles to personal finance is really helpful once you get older, since you can use that experience when estimating things like retirement, monthly expenses, investments, trying to start your own small business, etc.
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Even though differences over accounting principles have stymied the hope of a single standard in the past, Malan says there now seems to be a "spirit in the discussion" that there would be an obvious benefit to a convergence of rules.
Merck spokeswoman Gwen Fisher said Merck is confident that Medco's practice is in accordance with Generally Accepted Accounting Principles, and added that the company did not want to make any further comment because it is in a quiet period preceding the Medco IPO.
The following tables include information about non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, and non-GAAP earnings per share (collectively, the "non-GAAP financial measures"), which are not measurements of financial performance prepared in accordance with U.S. generally accepted accounting principles.
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