CFO Dive

NOVEMBER 27, 2024

The new GAAP guidance stems from a request made by Big Four accounting firms and comes as the convertible bond market is regaining steam.

GAAP 281

GAAP Accounting Firms Accounting Marketing 281

CFO Talks

NOVEMBER 20, 2024

For example, while South African companies follow International Financial Reporting Standards (IFRS), the US requires compliance with its Generally Accepted Accounting Principles (GAAP). IFRS is principles-based and allows for some judgment in financial reporting, while GAAP is more rigid, rules-based, and less forgiving.

IFRS 98

IFRS GAAP Currencies CFO 98

CFO Dive

APRIL 5, 2024

Many businesses and financial report preparers already rely on the IAS government grant accounting rules because GAAP is silent on the subject.

GAAP 257

GAAP Financial Reporting Accounting 257

CFO Dive

AUGUST 2, 2023

It reported its first-ever quarterly GAAP operating profit Tuesday. CFO Nelson Chai will depart from the ride-share company next year as Uber continues to focus on profitable growth.

GAAP 246

GAAP CFO 246

CFO Dive

MARCH 1, 2023

Warren Buffett — CEO of Berkshire Hathaway and one of the world’s most renowned investors — didn’t disappoint fans of his folksy, acerbic writing in his latest shareholder letter.

GAAP 143

GAAP 143

CFO Dive

AUGUST 17, 2022

The accounting changes come as crypto-asset valuations have taken a beating and drawn increasing regulatory scrutiny.

GAAP 143

GAAP Valuation Accounting 143

CFO Dive

NOVEMBER 13, 2024

Intangible assets aren’t being captured in the merger review thresholds that federal antitrust agencies rely on, a paper shows.

GAAP 143

GAAP 143

PYMNTS

AUGUST 7, 2017

Nowadays, companies report for both generally accepted accounting principles (GAAP) and non-GAAP numbers, as mandated by the Securities and Exchange Commission. If GAAP is used, operating income came in at $430 million for the latest quarter, up 16 percent from a year ago. Not too shabby.

GAAP 54

GAAP Accounting Accounting Principles Numbers 54

E78 Partners

MARCH 3, 2025

Non-GAAP Measures and Key Performance Indicators (KPIs) Non-GAAP financial measures and KPIs play a crucial role in shaping investor perceptions and demonstrating a companys value proposition. Common non-GAAP metrics include EBITDA, adjusted EBITDA, free cash flow, and revenue growth metrics.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) GAAP Marketing Compliance 52

CFA Institute

MARCH 5, 2021

You can find significant alpha in the mechanics that drive GAAP accounting.

GAAP 52

GAAP Accounting Performance Measuring Accounting Standards 52

E78 Partners

NOVEMBER 19, 2024

Ensure that impairment analyses are completed according to audit priorities, with asset groupings and forecast data that align with GAAP standards. For companies with diverse revenue streams, ensuring that revenue recognition is compliant with GAAP is critical.

Auditing 52

Auditing GAAP Restructuring Compliance 52

https://trustedcfosolutions.com/feed/

FEBRUARY 18, 2022

Financial governance allows your organization to meet compliance requirements, such as IFRS and GAAP updates, by having the right financial controls in place. For single and multiple family offices, governance is key to financial success and is an important element of your organizational structure.

GAAP 116

GAAP IFRS Compliance Forecasting 116

E78 Partners

NOVEMBER 12, 2024

Staying compliant with the latest industry regulations—whether related to ASC 606, ASC 842, or other GAAP standards—is crucial for audit success. Ensuring Compliance with Evolving Standards and Regulations Private equity-backed companies often face heightened scrutiny due to rapid growth, acquisitions, or restructuring.

Auditing 59

Auditing Financial Planning and Analysis (FP&A) GAAP Compliance 59

Global Finance

MARCH 2, 2025

Horton: If they have an IPO, theyll be big firms, and theyll follow International Financial Reporting Standards or US GAAP. GF: Why is so much fraud connected with IPOs? Because they dont do enough due diligence? Even if theyre private, they will still be doing so because theyre larger firms.

Forecasting 112

Forecasting Auditing Accounting Profit and Loss 112

The Charity CFO

DECEMBER 30, 2021

It shows whether or not your accounting records are accurate per generally accepted accounting principles (GAAP), in the auditor’s professional judgment. In a Financial Review, an independent auditor reviews your financial statements to determine if they’re consistent with generally accepted accounting principles (GAAP). .

Nonprofit 98

Nonprofit Auditing GAAP Accounting Principles 98

CFO Share

AUGUST 5, 2021

The difference between cost of goods sold and ordinary business expenses is well defined in Generally Accepted Accounting Principles (GAAP) but routinely ignored by small business bookkeeping services. Even worse, an IRS income tax return does not follow the same rules as GAAP. How do I maximize tax deductions under section 280E?

Forecasting 96

Forecasting GAAP Profit and Loss Accounting Principles 96

The Charity CFO

MAY 10, 2022

So now is the perfect time to make sure you report in kind gift donations in compliance with GAAP standards in 2022. The changes to in kind donation reporting are specifically for organizations that follow generally accepted accounting principles (GAAP) in preparing their financial statements.

Accounting Standards 98

Accounting Standards Accounting GAAP Nonprofit 98

The Charity CFO

MARCH 13, 2023

The way revenue and expenses are recorded can differ for GAAP purposes and tax purposes ( Form 990 ). For tax, this excess amount is reported as a contribution, and for GAAP, it can be reported as either a contribution or special event revenue. It will not be reported on Form 990.

Nonprofit 98

Nonprofit GAAP CFO Accounting 98

Embark With Us

NOVEMBER 9, 2021

As you might already know, US GAAP doesn't have an awful lot to say about carve-outs or carve-out financial statements. And by awful lot , we mean nothing. Not a peep. So what should you do when there's a divestiture on the horizon and you need some guidance?

GAAP 80

GAAP Financial Reporting 80

PYMNTS

DECEMBER 18, 2020

billion in revenue on an adjusted (non-GAAP) basis. The company said that those factors were offset, in part, by expenses to help with formidable demand and to grow services, pandemic-related costs and “variable compensation expense.”. For Q2 fiscal 2021, FedEx reported $4.83 in diluted earnings per share (EPS) on $20.6 in diluted EPS on $17.3

GAAP 105

GAAP Transportation eCommerce Forecasting 105

The Charity CFO

JANUARY 22, 2025

Financial Management Moving from basic bookkeeping to GAAP-compliant accounting became necessary as the organization grew. Southside Blooms had to invest in custom software development and incorporate AI to handle customer service and streamline operations. Blackwell is now focused on developing more sophisticated financial management skills.

Nonprofit 52

Nonprofit GAAP CFO Leverage 52

Future CFO

DECEMBER 31, 2021

Their responsibilities already entail ensuring that the financial report is accurate, complete and verifiable, according to GAAP accounting standards and disclosures. CFOs are the logical candidate to lead the ESG initiative.

Leadership 98

Leadership Finance GAAP Forecasting 98

https://trustedcfosolutions.com/feed/

JUNE 2, 2022

GAAP, IFRS, and cash base side by side for better visibility. Ability to implement user-access controls. Use dimension values to capture your business transactions, operational measures, and budgets in General Ledger. Ability to view performance on U.S. Report on tax, country, or industry-specific bases with ease. Define your own workflows.

Finance 104

Finance General Ledger IFRS GAAP 104

Bramasol

JULY 31, 2023

For leasing, this means International Accounting Standards Board’s (IASB’s) IFRS 16 and US GAAP Financial Accounting Standards Board’s (FASB’s) ASC 842. In addition, global companies need the flexibility to comply and report according to multiple accounting standards. For revenue recognition, they also must comply with ASC 606 and IFRS 15.

Accounting 70

Accounting SAP GAAP IFRS 70

PYMNTS

MAY 7, 2020

non-GAAP EPS without credit reserves came in at $.83 66 non-GAAP EPS. According to PayPal, the deteriorating economic situation in March slashed the volumes and revenue generated from travel and events while simultaneously depressing credit income. Minus the credit reserve impact, PayPal noted, $0.83 billion.

GAAP 99

GAAP Forecasting Economics Accounting 99

CFA Institute

APRIL 5, 2021

GAAP sometimes misrepresents business reality. We can use that fact to generate some alpha.

GAAP 52

GAAP Performance Measuring Accounting Standards Economics 52

PYMNTS

AUGUST 10, 2020

Alongside its comparable sales results, Foot Locker also reported that it expects non-GAAP Q2 earnings to come in between 66 cents and 70 cents per share when the firm formally reports numbers on Aug. The stock is up 75.68 percent since a March $60 intraday low. Foot Locker shares likewise rallied 7.8 percent Monday closing at $29.63

Sales 92

Sales GAAP Retail Numbers 92

PYMNTS

AUGUST 20, 2020

As for its overall results, Alibaba reported non-GAAP net income of $5.6 billion (non-GAAP diluted earnings per ADS of $2.10) on revenue of $21.8 “Our strong profit growth and cash flow enable us to continue to strengthen our core business and invest for long-term growth.”. The results surpassed analyst estimates of $1.99

GAAP 67

GAAP Retail Economics Investments 67

The Charity CFO

OCTOBER 9, 2024

individual and corporation connections), history, donor intent, or soft credits Accounting software tracks financial transactions with strict adherence to GAAP Integrating two systems with fundamentally different data priorities can risk data inconsistencies, inaccuracies, and loss of information.

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

The Charity CFO

APRIL 5, 2022

Cash accounting does not comply with Generally Accepted Accounting Principles (GAAP) for nonprofit organizations. Financial statement audit or review – if you are required to undergo a financial statement audit or assessment, using the accrual method to be in accordance with GAAP will make the process much smoother and less expensive.

Nonprofit 98

Nonprofit Accounting GAAP Auditing 98

PYMNTS

FEBRUARY 20, 2020

The company said its GAAP net income and GAAP diluted earnings were $1.7 The company also reported non-GAAP total operating revenues of $238.4 million, and EBITDA and non-GAAP diluted earnings per common share of $21.8 Non-GAAP values means those values not generally accepted in the U.S.,

GAAP 52

GAAP Banking Finance Technology 52

Bramasol

JUNE 10, 2022

For example, a company with branches doing business in the United States and the European Union will need to comply with both GAAP and IFRS accounting principles. The account-based approach uses account logic identifiers to assign accounting principles, such as using unique prefixes to determine which accounts use IFRS vs GAAP principles.

Accounting Principles 78

Accounting Principles IFRS Accounting SAP 78

PYMNTS

SEPTEMBER 7, 2017

According to reports in Nasdaq , Coupa’s non-GAAP losses of 10 cents per share were better than previous analysts’ estimates of 17 cents per share — and significantly better than the $1.83 Total GAAP operating loss stood at $14.4 million, with a non-GAAP loss at $5.7 million and non-GAAP losses of $9.6

GAAP 43

GAAP Corporate Finance B2B Finance 43

The Charity CFO

JANUARY 21, 2022

Both Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) 116/117 require at least a minimum level of fund reporting, so you’ll need it in order to pass an audit. And the more transparent your accounting system is, the more accountable you’ll be with the public and GAAP.

Nonprofit 98

Nonprofit Accounting GAAP Accounting Principles 98

Proformative

SEPTEMBER 16, 2022

The company that I work for was just acquired by a private equity firm. The comp.

GAAP 52

GAAP Accounting 52

The Charity CFO

JANUARY 17, 2022

Accrual accounting is required by Generally Accepted Accounting Principles (GAAP), which means that you’ll need accrual-based reports to complete a nonprofit audit. Both GAAP and the IRS require nonprofits to report their expenses broken down into 3 categories: Program services expenses. Difference #3: Functional Expenses.

Nonprofit 98

Nonprofit Accounting Profit and Loss Accounts Payable 98

PYMNTS

AUGUST 5, 2020

Square’s net loss for the Q2 was $11 million on a GAAP basis. Adjusted earnings per share were 18 cents. Analysts at Refinitiv, the London-based global provider of financial market data, had predicted a 5 cent loss. The stock jumped 9 percent in after-hours trading to $149.43 Wednesday (Aug. 5), up from $136.83 at the close Tuesday (Aug.

Profit and Loss 87

Profit and Loss GAAP eCommerce Sales 87