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The Latest Breaking News from GAAP

IBM Is Catching Up With Microsoft And Apple On Wall Street—Is The Comeback For Real?

After years of decline, IBM's Economic Value Added (EVA), a measure of Economic Profit, the value a company generates more than the cost of capital, has been rising.

International Business Times

Frustration mounts as Roblox investors await returns on Gen Z metaverse sensation

Frustration mounts as Roblox investors await returns on Gen Z metaverse sensation

Even as the platform registers surging growth in users and engagement, CEO David Baszucki has been advised to take a page from Spotify peer Daniel Ek and cut costs.

Warren Buffett had a good, bad, and ugly earnings report with Berkshire Hathaway—but not as ugly as it looks

Warren Buffett had a good, bad, and ugly earnings report with Berkshire Hathaway—but not as ugly as it looks

Berkshire Hathaway lost over $20 billion on Apple last quarter and had a nearly $13 billion net loss, but it's sitting on a massive cash pile.

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AMD revenue of $5.8 billion for Q3 2023 with 17% increase in gross profits

AMD reports solid 3rd quarter financials for its 2023 fiscal year but the shares drop due to 4th quarter outlook.

Windows Central

Cathie Wood dumps $13.8 million of Ark's largest holding

This firm recently achieved GAAP profitability for the first time.

What is accrual accounting & how does it work? Definition & alternatives

In business, all financial transactions must be recorded in a journal. This recording process is known as accounting, and there are several different ways it can be done. Accrual basis accounting (sometimes called the accrual method of accounting or simply accrual accounting) is the practice of ...

Uber's CEO doesn't know how much a three-mile ride in one of his own cabs costs

"On my God. Wow," was Khosrowshahi's response.

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How did the Inflation Reduction Act of 2022 change corporate taxes?

How did the Inflation Reduction Act of 2022 change corporate taxes?

The Joint Committee on Taxation estimated that about 150 corporations would be subject to a new minimum corporate tax each year.

Celsius Appoints Jarrod Langhans As Finance Chief

Celsius Appoints Jarrod Langhans As Finance Chief

Celsius Holdings Inc (NASDAQ:CELH) has appointed Jarrod Langhans as Chief Financial Officer (CFO), effective April 18, 2022. Jarrod has served as the CFO of the European and Israel operating segments of Primo Water Corp (NYSE:PRMW). Langhans has financial and leadership background across areas such as financial reporting, including SEC, GAAP, and IFRS, financial planning and…

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