Purpose: To provide an overview of the fundamentals for basic fund accounting and the financial reporting structure within the context of higher education accounting, Generally Accepted Accounting ...

Discover why GAAP requires the accrual basis for accounting rather than the cash basis, and learn why it is important for stakeholders.

The SEC, or Securities and Exchange Commission, is an independent government agency responsible for ensuring the integrity of the capital markets in the United States. While GAAP accounting covers ...

Explanation of Non-GAAP Financial Measures We report our financial results in accordance with accounting principles generally accepted in the United States of ... net income per share” as ...