US GAAP

Knowledge Center




Summary, forum, best practices, expert tips and information sources.

44 items • 495.205 visits


Summary

Description

US GAAP are the Generally Accepted Accounting Principles used by companies based in the USA or listed at Wall Street. US GAAP comprises a massive volume of standards, interpretations, opinions and bulletins and are developed by the FASB (Financial Accounting Standards Board), the accounting profession (AICPA) and the SEC (Securities and Exchange Commission).


US GAAP is a combination of authoritative standards by policy organizations and the accepted ways of doing accounting.


US GAAP SEC FASBUS GAAP standards are certainly equivalent to IAS. However, they are developed without any input from outside the US. US GAAP is very detailed, reflecting the litigious environment in the US which calls for more and more detailed regulation. US GAAP cannot be detached from regulatory intervention by the SEC.


Book: Wiley - GAAP 2004


Special Interest Group

US GAAP Special Interest Group.



Special Interest Group (1365 members)

Forum

Forum discussions about the US GAAP. Below you can ask a question about this topic, share your experiences, report a new development, or explain something.


Start a new topic about US GAAP

 

Differences Between US GAAP & IFRS
If you are allowed to give only 5 major differences between US GAAP & IFRS, what would they be?...
8
 
4 comments
US GAAP and the Financial Crisis
What was the role of US GAAP to check over the failing in the financial system?...
6
 
1 comments
Market value differing significantly from book values
What items will most likely have market value that differ significantly from the book values reported?
What principles give rise to the differences?...
5
 
Comprehension of US GAAP
I want to understand how to use the US GAAP in the oil and gas domain....
4
 
🔥 NEW US-GAAP Costs versus Capitalization
Hello, I need a US-GAAP Accounting advise for following business cases:
1. A new stairs for a production building. It is a metal stairs replacing current concrete stairs. Can I capitalize this i...
3
 
1 comments
Exchange Ratio Statement
Which SEC filings must I search if I want see the exchange ratio statement??
Exchange ratio statement = the statement that shows how the exchange ratio was calculated....
3
 

Best Practices

The best, top-rated topics about the US GAAP. Here you will find the most valuable ideas and practical suggestions.


Expert Tips

Advanced insights about the US GAAP. Here you will find professional advices by experts.


Information Sources

Various sources of information regarding the US GAAP. Here you will find powerpoints, videos, news, etc. to use in your own lectures and workshops.


Dealing with Complexity / Transparency in Financial Information

Corporate Transparency, Financial Complexity, Information Complexity, Information Transparancy
This presentation is about information transparency, and includes the following sections: 1. Introduction: an experimen...

USGAAP versus IFRS on Intangibles Accounting

Intangible Assets, Accounting, USGAAP, IFRS
This presentation compares USGAAP and IFRS, and includes the following sections: 1. Presentation Overview 2. Executive...

Choosing for IFRS or US GAAP

Accounting regime differences
Due to the increased competition on capital markets and given the global importance of US markets, IFRS and US GAAP are ...

IAS and US GAAP

IAS, US GAAP, Accounting Quali
Mary E. Barth a.o. compare measures of accounting quality for firms applying IAS with US firms to investigate whether IA...

Research Links

Jump to further research sources regarding the US GAAP.


News

News

Videos

Videos

Presentations

Presentations

 
Books

Books

Academic

Academic

More

More


Compare with: Fair Value


Return to Management Hub: Finance & Investing


More Management Methods, Models and Theory

Special Interest Group

Do you know a lot about the US GAAP? Become our SIG Leader and gain worldwide recognition as an expert.



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2023 12manage - The Executive Fast Track. V16.1 - Last updated: 28-3-2023. All names ™ of their owners.