In the USA, the practice of making larger provisions for expenses in one year, in order to minimize them in future years. This effectively understates earnings in the present year but overstates them in subsequent years.
An extensive guide to Generally Accepted Accounting Principles (US GAAP), encompassing historical context, key events, detailed explanations, and their significance in financial reporting.
An in-depth look at the If-Converted Method for determining the dilution of convertible securities in financial calculations.
A comprehensive look at the pooling-of-interests method, its historical context, accounting treatment, and implications.
Comprehensive overview of the US GAAP (Generally Accepted Accounting Principles) including historical context, categories, key events, detailed explanations, and much more.
