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Encyclopedia Articles (1)

Generally Accepted Accounting Principles

1,761 words, approx. 6 pages

Generally Accepted Accounting Principles Most individuals who understand the basics of financial reporting are familiar with the phrase generally accepted accounting principles (GAAP) and will readily... Read more

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News & Journals (10)

US-EU squawk over poultry, but agree on accounting

330 words, approx. 2 pages

WASHINGTON (Reuters) - The United States and Europe battled over the European Union's long-running ban on imports of sterilized U.S. poultry but said Friday they had made progress in other areas ... Read more

Ernst & Young audits faulted in report

550 words, approx. 2 pages

Big Four accounting firm Ernst & Young LLP appears to have signed off on some public-company audits without having sufficient evidence to support its opinion, according to a 2006 inspection rep... Read more

Electronic Arts beats estimates for 4Q

456 words, approx. 2 pages

Electronic Arts Inc., benefiting from brisk holiday sales of video games used on Sony Corp.'s new Playstation 3, exceeded Wall Street's earnings expectations Thursday despite fiscal third-quarter s... Read more

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EBay profit increases 24 percent

408 words, approx. 2 pages

EBay Inc. reported Wednesday that fourth-quarter profit increased 24 percent from the same period last year, trouncing Wall Street estimates and prompting executives to raise estimates for the curr... Read more

India's largest IT company TCS posts robust revenue

389 words, approx. 2 pages

New Delhi (dpa) - Tata Consultancy Services (TCS), India's largest information technology (IT) company, reported new-clients-driven strong revenue growth for the last quarte... Read more

SEC adjusts GAAP for foreign firms

507 words, approx. 2 pages

Federal regulators on Wednesday tentatively agreed to ease an accounting requirement for foreign companies whose shares trade in the United States, a move seen as propelling them on a path toward a... Read more

EBay 2Q profit up 50 pct., beating views

563 words, approx. 2 pages

EBay Inc. reported Wednesday that second-quarter profit surged 50 percent, easily beating Wall Street expectations thanks to strong sales on online auctions, the automobile classified section and e... Read more

EBay's 2Q profit surges 50 percent

593 words, approx. 2 pages

EBay Inc. is trying to milk more money out of every customer _ a strategy that has resulted in record revenue but makes some analysts nervous about the company's long-term prospects.The online auct... Read more

SEC debating shareholder proposals

607 words, approx. 3 pages

Federal regulators are debating proposals related to shareholders gaining access to company ballots. One plan, setting a minimum level of stock ownership for the investors to get that access, has a... Read more