J.P. Nodier / Getty Images Generally accepted accounting principles (GAAP) require that all inventory reserves be stated and valued using either the cost or the market value method, whichever is ...

New Chinese GAAP accounting regulation may make financial activity in China more transparent, but until these procedures conform to those in other major financial markets, the inconsistencies will ...

Generally accepted accounting principles, or GAAP, established by the Financial Accounting Standards Board, make provisions for various types of investment activities, including the distribution ...

GAAP provides standardized reporting for financial transparency, aiding investment comparisons. Public companies must follow GAAP as mandated by the SEC, aiding investor assessments. GAAP ensures ...