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Us Gaap

Us Gaap is described in multiple online sources, as addition to our editors' articles, see section below for printable documents, Us Gaap books and related discussion.

Suggested News Resources

What Are the Differences Between IFRS and U.S. GAAP for Revenue Recognition?
There are two dominant systems of accounting used by corporations around the world. In the U.S.
FASB releases US GAAP version of leases standard
Despite attempts to produce a single lease standard approach for all global preparers reporting under International Financial Reporting Standards and US GAAP, the International Accounting Standards Board (IASB) and FASB could not agree on a unified ...
BorgWarner Reports Fourth Quarter 2015 U.S. GAAP Net Earnings Of $0.56 Per
These items are listed in a table below as reconciliations of non-U.S. GAAP measures, which are provided by the company for comparison with other results, and the most directly comparable U.
Leases standard will cause less problems for US GAAP reporters
The global standard, IFRS 16 Leases, was released in January with the US standard setter, the Financial Accounting Standards Board (FASB), set to issue the US GAAP version - the final Accounting Standards Update (ASU) - by the end of February.
FASB publishes US leasing standard
Adhering to US GAAP, the recognition, extent and presentation of expenses and cashflows arising from a lease by a lessee will depend on its classification as a finance or operating lease.

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