The problem is that GAAP and the income tax basis of accounting have a lot of differences.

FORBES: How Double Taxed Are Investors ?

Small businesses benefit from confirmation that they can use the "cash basis" for their tax returns, instead of the more complicated accounting rules which they have had to use previously.

BBC: Budget 2013: National Insurance, the Cinderella tax

Careful carbon accounting has been the presumed basis of cap-and-trade programs as envisioned by the Kyoto Protocol and advocated as the best approach for national climate policy.

FORBES: Rethinking Life-Cycle Fuel Regulations

Over the past 10 years, ARBA appears as quite a success story and one of the few Internet bubble companies to survive and reach profitability, on a GAAP accounting basis at least.

FORBES: Big Writedowns And Larry Ellison Are Enough Reasons To Sell Ariba