Understanding Statements of Financial Accounting Standards (SFAS)

Discover how Statements of Financial Accounting Standards (SFAS) guide U.S. accounting principles. Learn about their impact and why they've been replaced.
Accounting Today

GASB finds widespread use of GAAP in states and localities

The Governmental Accounting Standards Board released a study Monday on utilization of GAAP among state and local governments and found all the states are using GAAP, but only about three-quarters of ...
Houston Chronicle

Accounting: GAAP & How Long to Depreciate Used Fixed Assets

Computers, office chairs and factories all wear down and lose value over time. Depreciation is how accountants factor that fact into their number-crunching. A depreciated five-year-old computer isn't ...
Royal Society of Chemistry

Bridging the GAAP to IFRS

Bridging the GAAP to IFRS covers: • An Overview of IFRS, including a brief history, the regulating entities involved, and a current global status. • An analysis of IFRS vs. US GAAP covering financial ...